Light-plane makers have a happy landing
After disastrousdecade, business rebounds -- but there are new clouds on the
horizon
Summarized from: San Jose Mercury News,
10/19/96
- Although rising fuel costs helped send the aviation
industry into a tailspin in the 1980s, the biggest push to disaster came from
product-liability lawsuits. But general aviation is experiencing a rebirth,
primarily because Congress in 1994 clamped limits on the product-liability
lawsuits that had driven significant segments of the civilian aircraft industry
into extinction. In 1986, there were 710,000 licensed pilots in the United
States; today there are only 639,000, he said. Of those, 85,972 live in
California, according to Phil Boyer, the pilots' association president.' Boyer
announced a program, still under development by his association and a coalition
of aviation associations and firms, to boost the number of new student pilots
to 100,000 annually by the year 2000, compared to about 60,000 today.
Related Newspaper Articles