REFLECTOR: Nosegear Forks

[richard at riley.net]

At 07:50 AM 7/7/04, you wrote:
>yes, but I'll bet that about $5000 of that went to help cover their
>liability insurance that Piper has to have- they don't put all of the bill
>into the price of the new aircraft to keep them competitive, so they dump it
>onto the parts.

I saw the business plan when they were raising money to buy Piper out of 
bankruptcy about 10 years ago.  They didn't care if they ever sold an 
airplane again, all the profit was in the parts.