I was just talking about the exchange rate on the $ and the affect it will have on aircraft sales the other day, I was saying that the local aircraft manufactures are well placed if they have a good product to pick all the sales that would have gone overseas.
We have manufacturers like Gary Morgan being pushed out of the LSA market at the wrong time, we need manufacturers like him, we need the authorities and the flying public to support him and we need to do our best to keep them running, I would like to support Australian made products but they must be comparable is quality with a reasonable price tag, some of the prices for overseas aircraft are getting out of control which runs through then to second hand market.
I have found some second hand aircraft only around 10%-20% less than buying a new one and these are 10 years old, good for the owners I guess but what is going to happen in 5 years time, are we going to have an ageing fleet of aircraft being flown by low hours pilots...does that sound familiar? it does to me.
I think in the near future the way the $ is going we may not have a choice to buy Aussie...unless you have very deep pockets.
David