View Full Version : Cessna shopping for Columbia?
Dan Luke[_2_]
September 24th 07, 01:22 PM
From this morning's AVweb:
"Cessna is one of as many as three suitors for Columbia Aircraft, which has 
been shopped around by the Malaysian government, its principal investors, for 
about a year. Analysts say acquiring Columbia would give Cessna instant 
penetration of the luxury touring market that it has all but surrendered to 
Cirrus and the current incarnation of Columbia...Cessna's interest could be an 
indication that its high-wing Next Generation Piston project has failed to 
strike a chord with dealers and potential owners and it has decided to enter 
the low-wing sweepstakes."
Wonder how Columbia owners would feel about being converted to Cessna owners.
-- 
Dan
T-182T  at BFM
Kingfish
September 24th 07, 03:54 PM
"Dan Luke" wrote:
> From this morning's AVweb:
>
> "Cessna is one of as many as three suitors for Columbia Aircraft, which has
> been shopped around by the Malaysian government, its principal investors, for
> about a year. Analysts say acquiring Columbia would give Cessna instant
> penetration of the luxury touring market that it has all but surrendered to
> Cirrus and the current incarnation of Columbia...Cessna's interest could be an
> indication that its high-wing Next Generation Piston project has failed to
> strike a chord with dealers and potential owners and it has decided to enter
> the low-wing sweepstakes."
>
> Wonder how Columbia owners would feel about being converted to Cessna owners.
>
Interesting prospect - I wonder if Lancair would be part of the deal
too? I'm sure Cessna would love to have their name on the 330kt
Evolution turboprop as they have nothing like it in their lineup. If
not, I don't think there's any reason why they couldn't continue to
sell the planes still labeled as Columbias.
C J Campbell[_1_]
September 24th 07, 05:48 PM
On 2007-09-24 04:22:24 -0700, "Dan Luke" > said:
> 
> 
> Wonder how Columbia owners would feel about being converted to Cessna owners.
Cessna probably has the resources to provide better support.
Cessna's only problem has been a lack of planes. Another production 
facility and a new lineup would make the dealers happy. In return, 
Cessna's dealer and service network would probably make Columbia owners 
happy.
-- 
Waddling Eagle
World Famous Flight Instructor
Dan Luke[_2_]
September 24th 07, 06:26 PM
"C J Campbell"  wrote:
> Cessna's dealer and service network would probably make Columbia owners 
> happy.
Since buying an in-warranty Cessna, I've found the factory phone support 
helpful and easy to access; they even return phone calls.
The Cessna Service Center system is less agreeable.  My nearest CSC is a shop 
50 miles away in Pensacola, and they are not Cessna experts by their own 
admission.  Up until last year, they were a Piper dealer.  Fortunately, I 
don't have to depend on them for avionics warranty work, since there is a 
Garmin & Bendix/King dealer at BFM.
-- 
Dan
T-182T at BFM
Matt Barrow[_4_]
September 24th 07, 11:22 PM
"Dan Luke" > wrote in message 
...
> From this morning's AVweb:
>
> "Cessna is one of as many as three suitors for Columbia Aircraft, which 
> has been shopped around by the Malaysian government, its principal 
> investors, for about a year. Analysts say acquiring Columbia would give 
> Cessna instant penetration of the luxury touring market that it has all 
> but surrendered to Cirrus and the current incarnation of 
> Columbia...Cessna's interest could be an indication that its high-wing 
> Next Generation Piston project has failed to strike a chord with dealers 
> and potential owners and it has decided to enter the low-wing 
> sweepstakes."
>
> Wonder how Columbia owners would feel about being converted to Cessna 
> owners.
>
About the same as BMW/Mercedes owners would have felt if the 
Chrysler-Daimler deal had been reversed. Columbia's aircraft have the 
quality of workmanship that BMW and Mercedes have long had.
It would be nice to have more service centers, but I'd be afraid the bean 
counters would have the upper hand. IOW, the Cessna centers would also take 
in Columbias, but whether that would be a "good thing" is questionable.
Dallas
September 25th 07, 07:39 AM
On Mon, 24 Sep 2007 06:22:24 -0500, Dan Luke wrote:
> "Cessna is one of as many as three suitors for Columbia Aircraft,
Wikipedia (for what it's worth) writes that Cessna closed the deal.
Two days later, it was confirmed that Columbia was going to be sold to
Cessna.[2]
http://en.wikipedia.org/wiki/Columbia_Aircraft
-- 
Dallas
Gig 601XL Builder
September 25th 07, 03:17 PM
Dallas wrote:
> On Mon, 24 Sep 2007 06:22:24 -0500, Dan Luke wrote:
>
>> "Cessna is one of as many as three suitors for Columbia Aircraft,
>
> Wikipedia (for what it's worth) writes that Cessna closed the deal.
>
> Two days later, it was confirmed that Columbia was going to be sold to
> Cessna.[2]
> http://en.wikipedia.org/wiki/Columbia_Aircraft
For a little better cite.
http://www.avweb.com/eletter/archives/bizav/964-full.html#196211
The Columbia news release says the sale to Cessna is contingent on the 
bankruptcy court's approval and a final agreement with Cessna. According to 
the news release, Cessna has signed a letter of intent to buy certain assets 
and assume some of Columbia's debt. Carl Young said that the deal ensures 
that existing owners and position holders will be looked after. "The sale of 
Columbia Aircraft Manufacturing assets to Cessna offers the best avenue to 
maximize value for all of Columbia’s stakeholders and existing and future 
customers. Cessna is excited about the prospect of adding the Columbia 
products to its product line and will provide additional capabilities, 
world-class processes and financial strength to effectively serve existing 
Columbia customers and grow the business. Under the agreement reached with 
Cessna all product warranty and service issues will continue to be honored 
post-acquisition and customers should expect an enhanced customer experience 
once the deal closes," Young said.
Paul kgyy
September 26th 07, 04:04 PM
> Wonder how Columbia owners would feel about being converted to Cessna owners.
>
> --
> Dan
> T-182T  at BFM
Although being supported by Cessna maybe removes some of the exclusive
cachet of being a Columbia owner, for me it would be a major gain to
have an aircraft supported by a company with resources.  Columbia has
been under-capitalized, and even if I had the $500K at hand I would
likely not have bought one simply because of the concern about parts
availability down the road since the company appeared not to have
staying power.
C J Campbell[_1_]
September 27th 07, 04:41 PM
On 2007-09-24 04:22:24 -0700, "Dan Luke" > said:
> From this morning's AVweb:
> 
> "Cessna is one of as many as three suitors for Columbia Aircraft, which has
> been shopped around by the Malaysian government, its principal investors, for
> about a year. Analysts say acquiring Columbia would give Cessna instant
> penetration of the luxury touring market that it has all but surrendered to
> Cirrus and the current incarnation of Columbia...Cessna's interest could be an
> indication that its high-wing Next Generation Piston project has failed to
> strike a chord with dealers and potential owners and it has decided to enter
> the low-wing sweepstakes."
> 
> Wonder how Columbia owners would feel about being converted to Cessna owners.
I suppose the worst thing that could happen would be that Cessna would 
decide that selling 50 copies of a $700,000 airplane a year is not 
worth it, shut down the production line, and use the facility for a 
distribution center and manufacturing plant for the Cessna NG.
The fact is, the Mustang has hogged all the production capability of 
the Independence plant, leaving Cessna completely unable to meet the 
demand for piston singles.
-- 
Waddling Eagle
World Famous Flight Instructor
flyingcoyote
September 29th 07, 03:48 AM
I thought Columbia was in trouble when they stopped production and treid to 
blame Garmin.
"C J Campbell" > wrote in message 
news:2007092707415916807-christophercampbell@hotmailcom...
> On 2007-09-24 04:22:24 -0700, "Dan Luke" > said:
>
>> From this morning's AVweb:
>>
>> "Cessna is one of as many as three suitors for Columbia Aircraft, which 
>> has
>> been shopped around by the Malaysian government, its principal investors, 
>> for
>> about a year. Analysts say acquiring Columbia would give Cessna instant
>> penetration of the luxury touring market that it has all but surrendered 
>> to
>> Cirrus and the current incarnation of Columbia...Cessna's interest could 
>> be an
>> indication that its high-wing Next Generation Piston project has failed 
>> to
>> strike a chord with dealers and potential owners and it has decided to 
>> enter
>> the low-wing sweepstakes."
>>
>> Wonder how Columbia owners would feel about being converted to Cessna 
>> owners.
>
> I suppose the worst thing that could happen would be that Cessna would 
> decide that selling 50 copies of a $700,000 airplane a year is not worth 
> it, shut down the production line, and use the facility for a distribution 
> center and manufacturing plant for the Cessna NG.
>
> The fact is, the Mustang has hogged all the production capability of the 
> Independence plant, leaving Cessna completely unable to meet the demand 
> for piston singles.
> -- 
> Waddling Eagle
> World Famous Flight Instructor
>
Larry Dighera
November 28th 07, 06:35 PM
CESSNA GETS COLUMBIA 
 (http://www.avweb.com/eletter/archives/bizav/1005-full.html#196671)
    As expected, Cessna was the top bidder for Columbia Aircraft,
    paying $26.4 million for "select assets" of the bankrupt Bend,
    Ore. planemaker. The bankruptcy auction was held Tuesday
    afternoon. CEO Jack Pelton said the company will invest money in
    the Bend plant, make sure existing owners are looked after and
    will keep making the two aircraft models under the name Cessna 350
    and Cessna 400. "The Columbia models are a good fit with our
    existing product line," Pelton said in a news release 
(http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071127006548&newsLang=en).
"We look forward to providing existing Columbia owners with
    improved levels of service and support and introducing new
    customers to these outstanding aircraft." 
http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071127006548&newsLang=en
    “We plan to make significant investments in Bend, in people and
    operations, to bolster customer satisfaction and business
    profitability. We will continue to improve quality, reliability
    and performance as we strive to deliver customer value and fulfill
    our commitments,” Pelton said. 
    
    Once the transaction is completed, which is expected to occur by
    December 4, 2007, the Bend operation will take on the Cessna name
    and be one of six Cessna manufacturing facilities. Cessna intends
    to rename the current Columbia product line to become the Cessna
    350 and the Cessna 400. Cessna and its network of authorized
    dealers and service centers plan to integrate sales and support of
    the former Columbia aircraft, and Cessna Parts Distribution is
    expected to become the source for parts. Cessna also intends to
    develop direct communications with current owners.
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