| Currently so many general aviation manufacturers | | | | When I talked with an aviation Independent |
| must burden the costs of increased liability from | | | | Commercial Insurance Agent who often calls on |
| potential lawsuits. Even if an aircraft crash is pilot | | | | aviation underwriters for you for quotes on private |
| error, attorneys usually get involved with the families | | | | planes he indicated and stated: "Lance, if you think |
| of the victims and this triggers a lawsuit. Lawsuits are | | | | your aircraft insurance is high, try the finish products |
| costly and that means additional staff is needed in | | | | liability insurance for the manufacturers." We got to |
| the legal department of the Aircraft Manufacturer | | | | talking and I figure it is $50,000 for a Cessna |
| and each time the products liability insurance | | | | products liability insurance per unit built and $25,000 |
| increases. | | | | cost for counsel, legal departments, etc. |
| If you look at a company like Mooney in Florida | | | | No wonder China and India think they can build |
| consider also their dilemma, super safety record | | | | general aviation aircraft cheaper than us? We seem |
| compared to the "Doctor Killer" Bonanza V-tails or the | | | | to be killing our manufacturing sector and this is not |
| Piper Malibu, with issues of behind power curve tork | | | | good for states like New Mexico and Colorado who |
| when going from zero to full throttle flipping over. A | | | | would like to see General Aviation Manufacturing in |
| company like Cessna producing 39,000 C-172s has | | | | their states and some of the jobs for all these future |
| the economies of scale advantage, but the legal | | | | under 1 million dollar mini-light weight Biz Jets. And |
| costs and insurance is still a huge chuck of change | | | | what about all those jobs in Wichita, KS too? |
| and the over all cost pie of an individual produced unit | | | | Consider all this in 2006. |
| you see? | | | | |