| Many student pilots wish to buy a new aircraft of their | | | | to an FBO is a dead end deal other than a tax write |
| own after they learn to fly. Renting an aircraft costs | | | | off, because of the maintenance costs and the fact |
| too much. Yet consider the cost of a new aircraft, talk | | | | that the flight school will run it out of TBO and you |
| about sticker shock and that is before you have to | | | | have to pay to over haul the engine at 2,000 hours or |
| buy insurance, pay for hangar space, tie down or put | | | | so. But why are general aviation aircraft so |
| fuel in it. | | | | expensive? |
| Obviously all these costs are considered when renting | | | | Well much has to do with products liability costs for the |
| you the aircraft to learn to fly in and those who have | | | | aircraft manufacturer you see? Some have estimated |
| leased them back to an FBO are all too aware of the | | | | the costs for products liability insurance and defending |
| abuse the plane will take and the maintenance costs | | | | lawsuits, legal staff, etc at some $75,000 per unit sold? |
| which will ensue. | | | | Ouch, and that is before you consider the avionics, |
| So, it costs too much to buy your own aircraft, too | | | | airframe or components in the aircraft, which are not |
| much to rent and leasing back a new aircraft you buy | | | | cheap either. So, consider all this in 2006. |