Fuel Prices Cause GA Jitters

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Climbing Costs A Challenge To Recovery...

One factor that could crimp the FAA's cautiously rosy predictions for GA growth is the continuing rise in fuel prices. Prices at the pump last week hit an all-time high, the American Automobile Association reported, and aviation fuel prices are rising as well. If the climb continues, it could deflate aircraft sales, General Aviation Manufacturers Association President Ed Bolen told the FAA conference last week. "If fuel costs only go up 2 or 4 or 6 percent, that isn't make-or-break for a huge percentage of the population" that buys airplanes, Bolen said. "But if people say, 'I'm not as comfortable with the economy as I was six weeks ago because of fuel prices,' then [sales] could become a greater challenge." Bolen said he remains hopeful for an aviation recovery overall, The Wichita Eagle reported.