PPRuNe Forums - View Single Post - EASA threat to operation of N Reg Aircraft
Old 2nd Dec 2010, 14:50
  #626 (permalink)  
englishal

 
Join Date: May 2001
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As I mentioned before, I'll send my cheque to the CAA for 75 quid pa.

But just to remind you, GA in the UK generates 1.4 BILLION GBP pa to the economy (CAA's own figures from their future airspace docs).

N reg GA generates FAR more revenue than it costs the economy, therefore by banning N reg and possibly driving N reg out of the EU that money will be lost.

As economists have said for years, raising tax rates actually lowers tax revenues once you hit a certain point. It will for me because if we get "banned" I'll fly my aeroplane to the USA in one last fantastic flight, keep it there for a while then sell it. I'll then buy a yacht and spend my time drinking G&T living in Brazil rather than worry about euro politiciandickheads.
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