Benefits of Economies of Scale in General Aviation Production

The lack of economies of scale has been a challenge in general aviation production, as demonstrated by the limited production volumes compared to other industries. For instance, the mass production of 25,000 Model Ts per day in 1925 highlights the potential benefits of economies of scale that have not been fully realized in the general aviation sector so far.

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My guest today is Mark Groden. Mark is the Founder and CEO of Skyryse, a company on a mission to make general aviation as safe as commercial aviation and change the future of flying. As you may know, helicopter accidents are far more likely than airplane accidents, and Skyryse is revolutionizing helicopter flight through a safer and simpler universal flying system. Mark is the quintessential example of somebody doing their life’s work and I have no doubt you will come to that conclusion for yourself after listening to his story. He’s determined, through Skyryse, to drive aviation deaths down to zero, and we discuss all of the details, big and small, that have laid the groundwork for realizing this dream. Please enjoy this conversation with Mark Groden.

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Show Notes:

(00:00:00) Welcome to Invest Like the Best

(00:03:53) From Childhood Fascination to Professional Pursuit

(00:05:47) Understanding General Aviation vs. Commercial Aviation

(00:07:05) The Safety Gap in General Aviation

(00:10:27) The Evolution of Aircraft Technology and Safety

(00:16:20) The Mechanic of Flying a Helicopter

(00:21:40) Justifying the Existing Dangers of Helicopter Flight

(00:24:45) The Future of Flying Cars and Urban Air Mobility

(00:27:23) Economies of Scale in Aviation and the Path Forward

(00:35:26) The Evolution of Autonomous Flight