Light-plane makers have a happy landing
After disastrous
decade, 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.
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