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Old 6th December 2004 | 13:53
  #40 (permalink)  
IO540
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From: EuroGA.org
Penguina

High income people (however one defines that) are a pretty substantial minority today. There are about 3M people that pay tax at 40% i.e. earn over £35k p.a.

Whether one can do a lot, or indeed any, flying on that income depends on one's outgoings. One could earn twice that, but if divorced and paying maintenance and school fees for example, one could still be skint. But it's safe to assume that somebody young and driving a £50k Merc isn't driving a company car, so they have plenty of spare loot. It would be great if one could attract some of that money into GA. A fair bit of it is going into helicopters at seven figures a go - there's never a shortage of customers for turbine helis.

Most people in GA think that the only way to provide affordable flying is to operate decrepit plane. My example about new planes not being more expensive overall was meant to illustrate that this isn't the case. One just needs to get the capital from somewhere
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