GARA meaning in Governmental ?

Governmental Miscellaneous in Governmental . 2 weeks ago

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What is General Aviation Revitalization Act mean?

The General Aviation Revitalization Act of 1994, also known by its initials GARA, is Public Law 103-298, an Act of Congress on Senate Bill S. 1458 (103rd Congress), amending the Federal Aviation Act of 1958.

It was intended to counteract the effects of prolonged product liability on general aviation aircraft manufacturers, by limiting the duration of their liability for the aircraft they produce.

GARA is a statute of repose generally shielding most manufacturers of aircraft (carrying fewer than 20 passengers), and aircraft parts, from liability for most accidents (including injury or fatality accidents) involving their products that are 18 years old or older (at the time of the accident), even if manufacturer negligence was a cause.

While GARA is considered a landmark event in the modern history of America's general aviation industry, debate continues over the effects and ethics of GARA.

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Posted on 15 Dec 2024, this text provides information on Governmental related to Miscellaneous in Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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