Thread: Beechcraft sold
View Single Post
  #2  
Old December 21st 06, 10:23 PM posted to rec.aviation.piloting
Gig 601XL Builder
external usenet poster
 
Posts: 2,317
Default Beechcraft sold


"Robert M. Gary" wrote in message
oups.com...

Jim Burns wrote:
Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim


That would make sense. If I had been asked to do the business analysis
on the purchase I would likely have classified it was a pretty large
risk investment in the long term. Not too likely that they'll be able
to compete in the new era.


If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end. The best way to do this is to buy someone already in or close to
being in the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.