Re: Skycatcher Sales Exceed $75 Million

Re: Skycatcher Sales Exceed $75 Million

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The LSA/Sport Pilot concept was blown by the FAA, as was the recreational pilot concept. The manufacturers assured the FAA that they would produce LSA aircraft for approx. $30,000 and begged the FAA to make the LSA max gross limit under the weight of most current aircraft, thus excluding such "big iron" as the Cessna 120/140/150/152, etc. The manufacturers rewarded the FAA and the industry with the $90,000 - $130,000 LSA, far beyond the price range of most potential buyers. It has been good for owners of Champs, Cubs, etc., since the value of these airplanes has automatically doubled under LSA. But with the FAA now run by lawyers who have not actually ever flown an aircraft, I expect no change for the better.

ip568
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