As the Light-Sport Aircraft industry ramps up for a summer of flying and the season’s biggest celebration of flight, AirVenture Oshkosh, I am still analyzing the FAA’s recently issued 20-year forecast for aviation, which shows growth prospects for LSAs, while predicting a decline in the total number of piston-powered aircraft. Viewed from a distance, this might seem beneficial to LSA producers and sellers.
Regretfully, I find FAA’s forecast improbable. Not that the agency’s number crunchers are wrong — in fact, I hope they might be right. I simply find a 20-year forecast for an industry only seven years old to be a form of spreadsheet-based palm reading.
That said, here are a few tidbits gleaned from a study of FAA’s spreadsheets: [Read more...]