gbigs Posted July 23, 2015 Report Share Posted July 23, 2015 A bipartisan amendment to the Senate highway bill was filed this week by Senators Joe Manchin (D-West Virginia) and John Boozman (R-Arkansas), adding language to support third-class medical reform. http://www.flyingmag.com/news/medical-reform-moving-congress#lbRbBDrcBCUXOhr9.99 Link to comment Share on other sites More sharing options...
IrishAl Posted July 25, 2015 Report Share Posted July 25, 2015 Is this likely to become law soon, now that your government seems to be acting on it regardless of the FAA? And if it does become law, how much impact will it have on used aircraft prices, particularly the price of used LSAs? Link to comment Share on other sites More sharing options...
Anticept Posted July 25, 2015 Report Share Posted July 25, 2015 The chance of passing? No idea, but there is a lot of pressure. I honestly don't think it will affect used aircraft prices a great deal though. There will be a shakeup until things stabilize, but basically, old aircraft prices will rise some as people snatch them up (and learn the hard way why cheap is bad), maybe used LSAs will come down a little, but honestly, people will fly what they prefer. What this would really mean is good news for us mechanics though . Link to comment Share on other sites More sharing options...
gbigs Posted July 25, 2015 Author Report Share Posted July 25, 2015 Let's see..the old planes don't have a parachute, climb at 200fpm, maybe get as 'good' as 20gph on 100LL, have old steams and no ADS-B...so the $40k plane is staring at a $10k upgrade to meet the 2020 mandate.. and for all that are probably 200 hours to TBO and a $100k engine problem. If congress passes the bill, the FAA will no doubt drag clawing and crying till Obama is out of office in 500 plus days....so don't hold your breath on the old plane buys. Link to comment Share on other sites More sharing options...
Anticept Posted July 25, 2015 Report Share Posted July 25, 2015 There is absolutely nothing "bad" about a well maintained older Cessna, Piper, or Mooney. Not everyone wants to spend large money for an airplane to fly as a hobby. You sound like GBigs. Those were some impressive mental gymnastics to assume I was insulting all old aircraft, especially since I fly a 1981 mooney and 76 warrior. What I am saying is cheap planes (relative to their type peers) are cheap for a reason; there's something wrong with them. When the cheap planes get snatched up, we'll see the average prices rise a bit. People will learn some lessons about why cheap is bad. A well maintained plane should not be "cheap", it should be fairly priced. To me, an old, but well maintained should hold, as a rule of thumb, a price tag of around 10-15k per seat for single engine, non-complex under 200hp. Link to comment Share on other sites More sharing options...
gbigs Posted July 25, 2015 Author Report Share Posted July 25, 2015 Shocking news from Oshkosh...The Airline Pilots Association (ALPA) has sent a stinging letter to congress over medical reform. ALPA said it is "fundamentally opposed to the dangerous policy shift" in the Pilot's Bill of Rights 2 legislation, adding, "ALPA has grave concerns with how this amendment addresses the 3rd class medical requirement for general aviation pilots.... This legislation has the potential to allow medically unfit pilots unfettered access to the national airspace at altitudes up to 18,000 feet, which also includes commercial airline traffic carrying passengers and cargo." The EAA immediately attacked ALPA. "We think it's unconscionable, and unfair to the GA public." said EAA Chairman Jack Pelton said at an impromptu news conference. Looks like a food fight over this one folks... http://www.avweb.com/avwebflash/news/ALPA-Opposes-GA-Medical-Reform-Effort-224552-1.html Link to comment Share on other sites More sharing options...
Anticept Posted July 25, 2015 Report Share Posted July 25, 2015 You are the one who said cheap. You usually get what you pay for. My friend's 1968 Mooney with new fully decked out panel, new paint, new interior, and less than mid-time engine would probably be worth $55,000 I'm guessing. I would much, much prefer to fly it than any LSA ever built. I would never suggest people should jump on all the junkers. I did, but I also stated it in context regarding low priced aircraft. To me, when someone says an airplane is "cheap", I'm comparing to other similar things in its class. It might be our different backgrounds (being a mechanic, the very word "cheap" makes me cringe). Your friend's 1968 mooney, if it's decked out, won't be "cheap." Link to comment Share on other sites More sharing options...
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