Monday, 21 March 2011

NEWS...

Feeling bad about not posting a great deal recently. Here are some quick thoughts on recent aviation news items…

Cirrus gets sold to the Chinese. The deal has yet to be completed and I have a feeling the road between here and there is full of turns, hills and potholes. Ultimately I still think that it'll get done.

Cessna ship fewer SEPs than Cirrus in 2010. It's a tough market out there and I'm not sure that any of the manufacturers are making money. If it wasn't for banks and Venture Capital/foreign/generous owners providing life support...

Talking of which, take a look at this Diamond story. I'm not convinced that it can be taken at face value, but local funds are an important source of cash flow for OEMs, ask Piper, Hawker Beechcraft, Diamond, Cirrus and lots of others…

Despite Today's Pilot being a competitor I was sad to see it go. They're a good bunch of people - but to be frank the market needed some consolidation.

Cessna is unveiling some new technology next week - as far as I can tell it is linked to the Corvalis…

There's some more big news coming towards the end of this week - keep your eyes open on Thursday.

More soon (I hope).