If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Avgas price and the light plane ownership
Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. Maybe Lycoming should start researching Ethenol powered aero engines :-) With global warming, we can turn Canada into a giant corn field. |
#2
|
|||
|
|||
On 1 Jul 2005 13:37:32 -0700, "M" wrote:
Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. I see avgas for well over $3.00 at many airports, so $5.00 can't be too far away. I agree 100% that this will have a negative affect on aircraft pricing, particularly those with larger engine(s). |
#3
|
|||
|
|||
"M" wrote in message
oups.com... Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. Maybe Lycoming should start researching Ethenol powered aero engines :-) With global warming, we can turn Canada into a giant corn field. Suddenly I feel a little better, we are around AUD $1.30 for AVGAS at present. This USA pricing is going to accelerate the development of these new fuel efficient, longer TBO, less parts diesel cycle engines - just reading the test on one in a C182 in Aust Flying Mag. However, AVTUR will probably then go up in price. Problem with ethanol is I believe it has less volumetric efficiency and more prone to vapour lock but I'd be interested to hear comment. My experience has been that alternative fuels start off well but when a Government starts losing taxes on mainstream fuels as a consequence they usually bump up the tax etc on the alternative fuel. LPG in Oz a classic example. Diesel out here is dearer than unleaded motor fuel, is a big user so not more expensive to supply, and is cracked out of the refining process at an earlier stage therefore probably cheaper to produce. I might take up something cheaper like ocean yacht racing? Brian |
#4
|
|||
|
|||
"M" wrote in message oups.com... Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. I suspect people said the same thing when av gas went past $.50 a gallon. The price of gasoline is still well behind the inflation curve. |
#5
|
|||
|
|||
My income is very far behind the inflation curve as is the price of
wheat. |
#6
|
|||
|
|||
On 1 Jul 2005 13:37:32 -0700, "M" wrote:
Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. Maybe Lycoming should start researching Ethenol powered aero engines :-) With global warming, we can turn Canada into a giant corn field. We have it bad in the UK where at my local airport they charge 1 pound 20 pence per litre of avgas which at current rates converts to around 8 dollars 16 cents per US gallon. |
#7
|
|||
|
|||
M wrote:
We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. It's really depressing just to think about it. Yes. With the specter of ATC fees on the horizon and continually rising fuel prices, I am very concerned about the potential for a large drop in GA flying, which translates to a drop in aircraft prices. -- Peter ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet News==---- http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups ----= East and West-Coast Server Farms - Total Privacy via Encryption =---- |
#8
|
|||
|
|||
"M" wrote: Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average avgas price will surpass $5/gallon in about 5 years. We'll probably see a significant drop of GA flying, along with a big drop of the value of used airplanes. I agree, which is why I have temporarily abandonded the idea of moving up to a more powerful airplane. I'm making the long-shot bet that in five years I'll be able to pick up a used Cirrus or Lancair for half what they're going for new now. I'll be able to by a lot of $5 avgas with the savings. If I'm wrong, so what? I just think now is a poor time to be buying. It's really depressing just to think about it. Depends on your point of view. Maybe Lycoming should start researching Ethenol powered aero engines :-) With global warming, we can turn Canada into a giant corn field. ?? -- Dan C172RG at BFM |
#9
|
|||
|
|||
On 1-Jul-2005, "SR20GOER" wrote: Suddenly I feel a little better, we are around AUD $1.30 for AVGAS at present. AUD $1.30 = USD $0.98. Are we talking per gallon here (and is it imperial or US) or per liter? -Elliott Drucker |
#10
|
|||
|
|||
"Clay" wrote in message oups.com... My income is very far behind the inflation curve as is the price of wheat. I would suggest a different source of income. |
Thread Tools | |
Display Modes | |
|
|