Thread: Beechcraft sold
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Old December 23rd 06, 01:18 PM posted to rec.aviation.piloting
TxSrv
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Posts: 133
Default Beechcraft sold

Mxsmanic wrote:

The new company won't care. The idea is to make as much money as
possible as quickly as possible, and then sell the remains for scrap.


Raytheon's aircraft subsidiary was making $200 million, or a
lousy 6% on the $3.3 billion to purchase it. Only a moron would
think this is a way to make a quick buck. Like raise prices for
more profit to get a decent return, and that won't reduce market
share, and still later sell it all off for more than $3.3
billion. Or much less as "scrap," to use your idiotic reference.

F--