Final answer:
D. Is automatically dismissed.
Under GARA, Yankee's lawsuit is not automatically dismissed based on the age of the aircraft.
Step-by-step explanation:
Under the General Aviation Revitalization Act (GARA), Yankee's lawsuit is allowed to proceed despite the age of his airplane. The GARA does not bar lawsuits based on the age of the aircraft.
Instead, GARA provides protections for manufacturers of general aviation aircraft by limiting liability for accidents that occur more than 18 years after the aircraft's delivery.
To clarify, option A is incorrect because the age of the airplane does not automatically bar the lawsuit. Option B is also incorrect as GARA applies to general aviation aircraft. Option C is incorrect because there is no requirement for arbitration before proceeding to court. Therefore, the correct answer is D. The lawsuit is not automatically dismissed.