The problem with GA is…
There were many manufacturers of automobiles before the model T. They were playthings of the super wealthy. Because there were so few buyers, at very high prices, the few suppliers tried to compete for that next rare buyer.
The exotic car remains like this today. As former LOTUS owner in the 1970s when they were truly rare.
See my point?
It is always easier to sell a few things at very high prices to just a few buyers.
When I setup captive finance leasing g for all the GA mfrs in the late 90’s, (yes, there is a story), it was the same thing. They were all trying g to grab that “next” premium buyer.
Henry Fords innovation were two fold: 1. Mass production to get u it. OST down, and 2, selling price to a wide market.
Everyone uses certification costs at their excuse. But it’s a one time cost.
Even the LSA mfrs were priced to grab the personal losthis medical and had to sell his nice Maloney, or whatever. So it was $150k plus plus.
Where is GAs Hs RY Ford?
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David Wartofsky
Potomac Airfield
10300 Glen Way
Fort Washington, MD 20744
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