General Aviation Manufacturing is in the Tank; Hang On It is Going to Get Worse
As the price increased new aircraft sales could not keep up and the used aircraft prices also skyrocketed. American Airlines cancelled 54 orders for new aircraft from Boeing recently, not good, the increases in operational fuel costs, Continental postponed their large jet order. We still cell our aircraft all over the world, yet also entering the small airliner market is Bombardier, a market niche, which has been dominated for decades by Boeing with many famous models like the 737. The new age of innovation will not belong to the US, they have forgotten from where they came, forgotten what it takes to build, forgotten why we fought so hard to do it and forgotten why we came in the first place. The light aircraft market in the US has been dominated by Piper, Beech, Cessna but in the last two and a half decades the finish products liability has skyrocketed as lawyers lawsuits have increased both in number and monetary awards.
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