April 27, 2007
An aircraft insurance bill that AOPA has worked to modify is a step closer to becoming law. Senate File 608 recently passed the Senate 64 to 0 and is expected to pass the House soon. The bill's original minimum liability coverage level of $250,000 per seat has been reduced to $100,000, which is more in line with what most aircraft owners pay for insurance. AOPA members in Minnesota responded to the association's call to action earlier this year and told the legislators to lower the proposed minimum levels. The current legislation also creates a study group, which would include aircraft owner and pilot representation, to research the "absolute" liability issue and report back to the legislature in November. The bill originated from a tragic aircraft accident in which a mother was killed, two young daughters were injured, and an insurer stalled on paying their medical costs.
April 27, 2007
Continuing significant orders to the training market shows that Piper Aircraft is making progress in its three-year plan to gain market share in that competitive arena.
L-3 Aviation Products plans to join the general aviation ADS-B world with its Lynx MultiLink Surveillance System. The new products will be “specifically tailored to fit the panel and budget of today’s general aviation aircraft and pilots,” said Larry Riddle, vice president of sales and marketing.
It was a big day for the newly resurrected Mooney International Corp. Mooney president Jerry Chen handed over the keys to the first airplane to roll out of the Kerrville, Texas, manufacturer’s newly reactivated factory site.
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