LSA report card: time to buy? A cautious yes, in our view. But there's still significant risk that many LSA startups won't survive the first cut, even the current market leaders.(INDUSTRY SNAPSHOT)(Light Sport Aircraft)

From: The Aviation Consumer | Date: August 1, 2007| Author: Niles, Russ | Copyright information

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When the FAA enacted the final rule that established the Light Sport Aircraft (LSA) category and the Sport Pilot certificate in April of 2005, the overwhelming question in the mainstream industry was: What now?

Depending on who you talked to, Light Sport was: going to rejuvenate general aviation by introducing an affordable, yet regulated way for newcomers to learn how to fly; offer a way for older pilots or those with borderline medica...

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