The General Aviation Revitalization Act immunizes aircraft manufacturers from liability for defects in their products once those products turn 18 years old. GARA was enacted in 1994. Back then, more than half the general aviation fleet was older than 18 years.
In other words, in 1994, the manufacturers were allowed to "walk away" from the majority of the fleet they had produced, as well as any defects that they had built into them. But once relieved of that financial responsibility, the manufacturers were supposed to spring into action and start cranking out new aircraft at more affordable prices.
True, anyone injured by a defect in an older aircraft would be left without a legal remedy against the manufacturer that caused the injury. But GARA proponents argued that the flood of new piston aircraft would lead to the older aircraft being removed from service. In short order, GARA proponents argued, the average age of the aircraft in the fleet would drop and manufacturers would Continue Reading GARA Covers an Increasing Percentage of the General Aviation Fleet