Larry S
September 26, 2021 at 6:41 am
I’m not buying into this hypothesis.
Light Sport was gonna revolutionize aviation, simplify training and bring the acquisition cost down to reality (sub $100K) … where did that take us? The move to instrument panels filled with flat screen avionics was going to simplify manufacturing ergo reduce costs and lure millenials to them … where did that go? The move to limited ASTM standards was going to simplify things; what meaningful success did that have and where is MOSAIC? Cirrus was going to be the answer yet all they did was become the airplane du jour for the very well heeled. Mooney’s were gonna wow prospects with efficiency of speed and where did that get them? So now someone wants me to believe that SVO airplanes flown with an iPhone are going to do it. It’s just another bump in the road for GA unless and until mere every day mortals can afford to buy a decent entry level airplane that isn’t 50+ years old. The success of E-AB airplanes — built in numbers greater than certificated airplanes proves it. In the end, it’s all about acquisition costs. Sure, there are a bevy of other irritants and obstacles in the equation but the MAJOR factor is cost.
A SVO airplane isn’t going to make them any cheaper. The trial lawyers and the intransigent FAA will see to that. Your own statement, “Oh, the wealth is growing, all right, but the industry’s efforts to divert it into new airplane sales have yielded survival, but not meaningful growth” hits the problem on the head but evades the root problem … acquisition cost. When is the last time anyone here knew any individual who went out and bought a new airplane? Flight school puppy mills are buying some but not individuals. Bring the cost of a new Cessna 172 down near the cost of an E-AB RV-7 and ‘they’ will come. Until then, all everyone is doing is throwing golf balls against a wall hoping that one of them will stick. The VFR Piper 100 comes close but they are still a bit high and — as I understand it — aren’t available to individuals in meaningful numbers.
Let’s just see what happens when Van’s reveals his RV-15. I’m betting they’ll have to hire still more employees to fill the clamor for them.
I have a friend who is buying and selling used clean Cessna 182’s like hotcakes for between $100K – $150K, sometimes less. THERE is your problem. Pilots and pilot wannabe’s ARE there, they want airplanes but just can’t afford it so they take their discretionary dollars elsewhere or buy nice used airplanes. Every time I tell someone I own a M model Skyhawk, they ask if I want to sell it. THERE’s your problem.
