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Why is nobody willing to take a risk to revive this market? If the only thing preventing a revival is cheap planes, couldn't someone get some investor to pay fo
by Petersipoi 4y ago
Why is nobody willing to take a risk to revive this market? If the only thing preventing a revival is cheap planes, couldn't someone get some investor to pay for all the certifications of their modern, fancy, efficient, cost effective plane, and then sell a million of them?
That is essentially how any new industry works. EV's were too bad/impractical/expensive until Tesla decided to take the risk and put down the capital to make them mainstream. Why can't/doesn't someone do the same for GA?
- ledauphin 4y agothe FAA does not want to see it happen, and they have the power to drag their heels.