Aircraft Design and the LAA Magazine
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Even with the volumes that the Thatcher designs have sold, there is barely enough income to call this a full time job, let alone pay for a stress engineer or make an actual profit. He's made that money over 7 years so that's $23,350 a year. He's now in his late 70's so he was probably already financially sound and not relying on the income to feed the family.Nick Allen wrote: I'm not sure that's the only business model that works. Take your Thatcher, for example: Thatcher has sold to date 454 sets of plans @ $360 apiece = $163,440. That's really not bad -- he could have afforded a stress engineer out of that!
Selling plans is probably a good way to supplement a pension, but even at US volumes it looks like a "get poor quick" scheme rather than a viable business model.
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The Corby Starlet and Kestrel - Design background
I just discovered an interesting article written by John Corby, designer of the CJ-1 Starlet and CM-2 Kestrel. It was published in SAANZ's magazine, Sport Flying earlier this year. It would be great to see it reprinted in Light Aviation for the benefit of a wider audience.
In the meantime you can download a pdf version of it from the SAANZ website here:
The Corby Starlet and Kestrel - Design background - by John Corby - Sport Flying Autumn 2011
Enjoy!
In the meantime you can download a pdf version of it from the SAANZ website here:
The Corby Starlet and Kestrel - Design background - by John Corby - Sport Flying Autumn 2011
Enjoy!