goodygracious.com goodygracious.com
  Site Home >> About Us >> Add Your Link >> Security & Privacy >> ToS >> Add Article
Search:   
 
 

6 Cheeky Ways To Get An Upgrade On Your Air Ticket

Big company employees usually book through their company travel manager. Since they don't make their ... - Jacky Uy
 

Unique Holidays - Exchange Conversation for Accommodation in Spain's Englishtown Project

Madrid, Spain -- For the last three years, over 3,000 people have participated in the unique English ... - Nicole Escario
 

Cruising With Children ?C Cruise Tips & Answers To All Your Questions

Many people are puzzled about whether or not to take their kids on cruises. Parents worry that the k ... - Mary Hanna
 
 

Street Singers in Venice of North

Street organs and carillons are to the Dutch what bagpipes means to the Scots, and they bring out th ... - Rahul viz
 

Enjoying The Benefits Of Cheap Airfare

It is a dream come true for many those who had the wish to go round the world but couldn't go becaus ... - 123456789
 
 

Site Home › Travel & Vacation › Air Travel
 

How Bad is Products Liability Insurance Hurting General Aviation Manufacturers?

 
Author: Lance Winslow
 

Currently so many general aviation manufacturers must burden the costs of increased liability from potential lawsuits. Even if an aircraft crash is pilot error, attorneys usually get involved with the families of the victims and this triggers a lawsuit. Lawsuits are costly and that means additional staff is needed in the legal department of the Aircraft Manufacturer and each time the products liability insurance increases.

If you look at a company like Mooney in Florida consider also their dilemma, super safety record compared to the "Doctor Killer" Bonanza V-tails or the Piper Malibu, with issues of behind power curve tork when going from zero to full throttle flipping over. A company like Cessna producing 39,000 C-172s has the economies of scale advantage, but the legal costs and insurance is still a huge chuck of change and the over all cost pie of an individual produced unit you see?

When I talked with an aviation Independent Commercial Insurance Agent who often calls on aviation underwriters for you for quotes on private planes he indicated and stated: Lance, if you think your aircraft insurance is high, try the finish products liability insurance for the manufacturers. We got to talking and I figure it is $50,000 for a Cessna products liability insurance per unit built and $25,000 cost for counsel, legal departments, etc.

No wonder China and India think they can build general aviation aircraft cheaper than us? We seem to be killing our manufacturing sector and this is not good for states like New Mexico and Colorado who would like to see General Aviation Manufacturing in their states and some of the jobs for all these future under 1 million dollar mini-light weight Biz Jets. And what about all those jobs in Wichita, KS too? Consider all this in 2006.

 
 
 

Related Articles

 
More Britons planning to emigrate
 
An Overview of Libya For Travelers
 
Top 10 Reasons to Vacation at a Nudist Resort this Summer
 
Advice For Those Traveling Overseas
 
Planning Your Cruise Ship Vacation
 
Samoa: A South Pacific Paradise
 
Spiral Death and the Reality of an Aircraft Stall and Spin
 
Car Hire - How To Get The Best Price And Service For Traveling
 
"No! We're Not There Yet!"- Surviving the Family Road Trip
 
Traveling to Dublin
 
 
 
Add Url
 

Online Shopping

Technology & Science

Culture & Art

Recreation

News & Media

Sports

Teens & Children

Jobs & Employment

Automobiles

Self Management

Lifestyle & Fashion

Law & Politics

Banking & Finance

Healthcare & Medicine

Travel & Vacation

People & Communities

Drink & Food

Indoor Games

Property & Estate

Business & Companies

Home Family & Garden

Academics & Learning

Computers & Software

Hygiene & Health

 
Site Home >> Security & Privacy >> ToS  
Copyright © www.goodygracious.com - All Rights Reserved Worldwide.