General Aviation Manufacturing is in the Tank; Hang On It is Going to Get Worse
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. 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. Yet Airbus is doing the same thing by building component plants in China, Boeing already builds air surface aircraft components there. In fact such accidents are already causing friction in the corporate jet insurance costs, showing that certain companies are separating out the categories to keep the mini-business jets in their own realm and pricing points. Many light aircraft manufacturers had stopped making aircraft and discontinued several popular lines.
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