<story><title>Personal aviation is about to get interesting</title><url>https://www.elidourado.com/p/personal-aviation</url></story><parent_chain></parent_chain><comment><author>rob74</author><text>&amp;gt; &lt;i&gt;After all, pilots and passengers generally want, other things equal, to be safe, so an unfettered free market will deliver cost-effective safety-improving innovations over time.&lt;/i&gt;&lt;p&gt;Ah, such optimistic belief in the &amp;quot;unfettered free market&amp;quot;! That might be true, but aircraft &lt;i&gt;operators&lt;/i&gt; mostly want to make as much money as possible, so if the choice is between a cost-effective safety-improving innovation and an even more cost-effective non-innovation (i.e. not doing anything), they will choose the latter.</text></comment>
<story><title>Personal aviation is about to get interesting</title><url>https://www.elidourado.com/p/personal-aviation</url></story><parent_chain></parent_chain><comment><author>happyjack</author><text>I&amp;#x27;m a pilot, own aircraft and maintain them.&lt;p&gt;Everything the faa does boils down to limiting liability, and liability is asses occupying seats in aircraft. Want to fly without a medical? Great, you can do basic med but can&amp;#x27;t fly over 6 people. You want to import a foreign war bird? Awesome, you&amp;#x27;re going to have to register that restricted and or experimental and you can&amp;#x27;t  do aerial tours or turn a profit. You own a vintage aircraft and are the owner &amp;#x2F; operator? You legally can fabricate your own parts if you follow certain guidelines.&lt;p&gt;I hate to burst the &amp;quot;hope&amp;quot; and optimism bubble, but we won&amp;#x27;t be seeing flying cars or anything crazy from the MOSAIC rules. While I think there will be a lot of positives that come from it, the faa more or less is laying out a set of rules and guidelines for new aircraft and tightening up definitions. LSA was a major failure, and the Feds are realizing that they can actually limit liability and increase safety by making a set of standards and guidelines for small aircraft.&lt;p&gt;Also, I don&amp;#x27;t see any &amp;quot;emerging markets&amp;quot; coming out of GA. Flying is expensive, takes a lot of time, and is hard. Real wages also haven&amp;#x27;t risen since the 80s, and the younger folks have other interests.</text></comment>