Sunday, October 12, 2008

Business Aviation: Industry and Forecasters are Optimistic about the Very Light Planes

6 comments:

Maggie said...

It discusses how the very light jet market problems and which companies are doing. The two jetmakers who filed for bankruptcy are Aviation Technology Group and Adam Aircraft. Eclipse Aviation cut employment and production. Cessna Aircraft has launched one of the company’s most successful business jet the Citation Mustang. Eclipse is trying to fix production and financial problems. “A key question for the very light jet market is just how big the air taxi industry will get.” This is something that must be figured out to get know how much to build and what people will want.

WestonD. said...

This talks about the market of light weight planes. The problems it is facing and what companies are doing to try and fix this. Aviation Technology Group and Adam Aircraft filed for bankruptcy, while Eclipse Avation had to cut employment and production. Cessna however has been very succesful in its light weight jets with the Citation Mustang. The big question however facing all the companies is finding out big this industry can get. If it gets bigger and increases these companies will benifit, but on the other hand if it decreases the companies will be losing money and jobs.

Alex Moseley said...

This discusses how the market of lighter weighted planes is affecting those trying to produce them. Two companies have already found the difficulties to be extreme and filed for bankruptcy (Aviation Technology Group and Adam Aircraft). However, Cessna's Citation Mustang worked and has given them strong advantage in the market. Now Cessna, and other companies interesting in entering the market, have to decide whether or not the demand will be large enough to invest in it. Just like any business, they could greatly succeed or find the exact opposite.

Jesus Rodriguez said...

Cessna aircraft does have one of the most successful business jets, the Citations, but most common in the business is the Mustang. Eclipse just recently filed for bankrupcy just like ATG and Adam Aircraft. But with the economy, orders for the Mustang did not climb a whole lot for 2009 orders.

Kevin T said...

Aviation Technology Group and Adam Aircraft hvae gone into bankruptcy while the Eclipse Aviation has began the trend of cutting employment and production to face these troubled times. The only company to succeed would be Cessna with its Citation Mustang. Companies are skeptical one whether this market can grow or will decrease and they need to figure this out to survive.

Anonymous said...

Aviation Tech Group and Adam aricraft have seen bankruptcy while the only company seeing improvement is Cessna using their citation mustang as there means of success. Eclipse Aviation is still up and running but they have had to cut production and employment. Many companies in this market are skeptical on where it is going either up or down. They must figure these trends out to know if they will succeed or dramatically fail.

Kevin T