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Hypothetically? I would love to be involved in a small scale airplane building business taking advantage of the LSA market. There are literally hundreds of Cub-clone LSAs out there, proving the market is there. All of them insanely priced; 100-160k!! I am not an altruist by nature, but I have enough passion for this industry not to let greed rule me - you can build similar aircraft and sell them for 50-60k and make a decent profit. You can hardly buy anything in the LSA market under 100k these days. Selling at anything less than an outrageous price instantly expands your potential market.
Think how successful the Cub-clones are; mostly based on the innate appeal the Cub has to many people. Now think about the how the original Champ came about and became so popular; it took the appeal of the Cub, with its shortcomings designed out of it and made into a better flying machine. There is no reason in the world a Champ-clone should not outsell the Cub-clone, especially at a decent price.
Aircraft production engineering has long been an interest of mine - with modern machinery a lot of the man hours can be easily cut out of it; CNC profiled tubing that fits together for welding with no further work, water-jet cut fittings, CNC routed ribs - you name it. I read somewhere the Cub required only about 300 man-hours to assemble (I assume that meant assembly, not actual fabrication), and doing a brief analysis tells me that that is not far off the mark. Looking at it another way - a Cub originally cost about $1000 back in 1938. Since then wages have risen by a factor of 25, so given an equal sales volume, one ought to be able to sell a similar aircraft for $25,000 for a similar profit margin. OK, let's be realistic and say $60,000 - that is still 40%-%60 less than any other similar LSA out there. Believe me, I have looked long and hard at these numbers over many years and it's certainly do-able.
The real appeal is that the aircraft design is proven and beyond reproach - there would be almost no development work involved, apart from finding places to cut man-hours and take advantage of modern production facilities. There would be virtually no risk from a design point of view and judging by how well the original Aeroncas sold, they should do equally as well as the modern Cub-clones. (Yes, I know American Champion is trying that, but their LSA Champ is so overweight, it's virtually useless as a two seater.) I mention the Champ as probably the most suitable design for a project like this, where sales are based partly on pure appeal more than technical factors, but having spent a long time staring at (and sitting in!) the L3 project I have in my shop, it strikes me as a perfect design for the LSA market, mainly because of its comfortable roomy cockpit. It just isn't as well known as the Champ.
Aviation is slowly being priced out of reach and the whole LSA business, which was supposed to reverse, that has failed in bringing reasonably priced airplanes to the market, even with the comparatively simple certification process. Only by having a company committed to bringing back sanely-priced aircraft can that trend be reversed. Aeroncas were designed from the outset with similar goals - they were supposed to be affordable; no reason why they would not do well in this market, given a company dedicated to those goals.
Like I said, these are hypothetical musings; if I won the lottery tomorrow, I'd go for it - but right now all I have to offer is "blood, sweat, toil and tears", like the man once said. Heck, banks won't even give me a 25k loan for a Champ without 26k in collateral !
_________________ Peter, Corona CA.
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