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Briefing October 2012 Issue

Briefing: October 2012

Lower Costs Via Aircraft Certification Reform?

The FAA submitted a report to Congress titled “Aircraft Certification Process Review Reform,” which could ultimately affect the cost of new aircraft. GAMA President and CEO Pete Bunce said the report is “an important first step” but “much work remains.” A main thrust of the FAA’s initiative is ensuring that future certification processes will be more efficient than old ones. Of course, this would be a governmental definition of “efficiency” so we’re not holding our breath.

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