steve9534 Key Veteran Location: yakima, wa.
My Posts This: Topic Forum | PistoleIf you think that suing MA will help the situation, you are seriously in error. I talked with Tim at the recent IRCHA Jamboree and he told me they were the largest maker of helis and there yearly sales were around 5000 units a year. The average dealer price on a MA heli I would imagine to be about $600.00. It doesn't take a rocket scientist to calculate that the total heli sales are on the order of $3,000,000.00/year. The total sales will probably be about double that because of upgrade and spares sold, so figure $6,000,000.00 more or less. Total profit is something on the order of 10 -15% for most businesses, so one can reasonably assume a total profit of less than $1M. It won't take many lawsuits to eat that up. The lawyers for our clinic tell me that their preparations for a single lawsuit typically cost $10,000.00 before they ever get to court or any judgement is made.
The upshot of this rather long winded diatribe is that you can easily kill the industry. I would guess 50 lawsuits a year for a year or two, and Tim would decide to convert the whole operation to making toaster ovens or something similar. I wish they would make them stronger, too, but suing them won't get you there. Steve. |