Aircraft Production Doubles Following Liability Reform

In the five years since the enactment of the General Aviation Revitalization Act, aircraft production has doubled and more than 25,000 new jobs have been created, according to a report to Congress and the president by the GAMA. Other measures of the act's success include a 150% increase in research and development funding by GA companies, a rebound in the number of student starts and a doubling of exports of GA aircraft, the association said. Signed into law on August 17, 1994, the act included an 18-year limit on manufacturer's liability for general aviation aircraft.

NBAA 1999, Atlanta, Ga.