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#61
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Jim Macklin wrote:
Actually Beech has many new, state of the art plants and composite robots for production work. They build a lot of parts for the big iron makers. Their old plants are well used. But if you look at just the BEC airport/plant complex you'll see that there are more new buildings than old. Except Raytheon's Annual Report says that a very % of their manufacturing square footage is leased, so few buildings to sell, except liquidate the stuff inside, which will bring a fraction of cost. I was thus responding to someone's grandiose assumption that the investors paid $3.3 billion cash for their entire Aircraft Division just to be able to soon liquidate the hard assets plus the type certificates/goodwill of always uncertain future value. F-- |
#62
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In article om,
"Jay Honeck" wrote: As an instructor, I get to fly a lot of different airplanes and talk to a lot of owners. I'm convinced that the only people who hate Beech airplanes are those who haven't flown them. I didn't say I hated Beech -- far from it. Although none of their birds fits my current mission, which requires lots of economical lifting capacity and a wide CG range -- I would LOVE to own a Bonanza some day. What I said was that they have become irrelevant. They sell a tiny number of aircraft each year (thanks to their outrageous pricing), and the last new aircraft design to come out of Beech was....what? I can't think of anything new since the Starship debacle of the early 1980s. Since that occurred right after I graduated from college -- and I'm now 48 years old -- I think I'm safe in saying that Beech has become irrelevant to aviation. If they went away tomorrow, we would all shed a tear for the Beech line -- but it would have zero impact on general aviation. The same cannot be said, for example, of Cessna, Piper, Cirrus or Columbia. What on earth has Cessna or Piper done in the last 20 years? The 172 Cessna is selling today is the same airframe they were selling 20 years ago, just with a glass panel, 13(!) fuel drains, and 100 lbs less useful load. Same with Piper. I was in a brand new Archer a couple of years ago; the biggest change they had managed to make was to move some of the switches to an overhead panel which made the windshield smaller and reduced forward/upward visibility. Made it look cool (like a miniature airliner), but a net decrease in safety. Cirrus, Katana, Columbia, and the like are the future of GA today. Assuming there is any future left in GA :-( |
#63
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Mxsmanic wrote:
Whenever a company buys another company for pure purposes of financial gain, the company acquired usually suffers and often disappears. This is probably very bad news for Beechcraft. What other sound reason is there to buy an ongoing business? For the pure fun of it? Just to be able to say, we own a company which makes actual airplanes which fly. Net profit (ROIC)...who cares. F-- |
#64
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Beech owns the buildings on the property they own. They do
lease space on the Salina airport and other locations. "TxSrv" wrote in message . .. | Jim Macklin wrote: | Actually Beech has many new, state of the art plants and | composite robots for production work. They build a lot of | parts for the big iron makers. Their old plants are well | used. But if you look at just the BEC airport/plant complex | you'll see that there are more new buildings than old. | | | Except Raytheon's Annual Report says that a very % of their | manufacturing square footage is leased, so few buildings to sell, | except liquidate the stuff inside, which will bring a fraction of | cost. I was thus responding to someone's grandiose assumption | that the investors paid $3.3 billion cash for their entire | Aircraft Division just to be able to soon liquidate the hard | assets plus the type certificates/goodwill of always uncertain | future value. | | F-- |
#65
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![]() "Aluckyguess" wrote in message ... If Beech re-opened up its lines again for the Sport, Sierra , Duchess, and a few I missed. They would all be superior to anything else on the market. Their only problem is price, now that's a biggy but maybe the new company plans on fixing this. If a G36 was 50k more than a SR22 and you were looking for a plane in that class what would you buy. The problem is its 200k more. I believe the new company can fix this. The new company may even put a parachute in it to satisfy the spouse that is afraid . Then you have the Baron, if you have money for fuel its the nicest small twin their is bar none. The G36 is worth $200K more than an SR22. I'd pay it in a heart beat. No comparison. |
#66
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The 172
Cessna is selling today is the same airframe they were selling 20 years ago, just with a glass panel, 13(!) fuel drains, and 100 lbs less useful load. In all fairness, it picked up twenty knots. Jose -- "There are 3 secrets to the perfect landing. Unfortunately, nobody knows what they are." - (mike). for Email, make the obvious change in the address. |
#67
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![]() "Jim Macklin" wrote in message news ![]() More of a clean sheet Hawker design don't you think? This new company (Hawker Beechcraft?) does a lot of fab work, and the Premier contains a lot of composite (fuselage?) also... |
#68
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![]() "Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message ... "Matt Barrow" wrote in message ... "Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message ... 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. Where do you see the BeechJet fitting in? Right about where it is now. So the Eclipse and the BeechJet are both 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. The price of a 400 would rise by half a million bucks overnight. There is no reason for this. Sure Beech has always been overpriced maybe the new owners will be more market oriented. Yeah, _maybe_. "Maybe" that's why they spent $3 billion for dying design/technology. :~) |
#69
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Ever hear the saying "quality, not quantity"?
I can think of a few low production, hand built, high dollar cars that could be built quickly and for a lot less $ with savings passed to the buyer causing the market to respond, but it seems they prefer not to do that. Do you think maybe Ratheon wasn't interested in the mass-production mindset? Do you think they may feel there are individuals out there that would want "Hawker like" quality in a single or twin recip? On Fri, 22 Dec 2006 18:49:18 GMT, "Tom Conner" wrote: Many have commented that their planes are great, but the price is to high. The implication is that they could lower their price, sell more planes, and still make a profit. Okay, why is their price so high compared to other manufacturers? The technology is stable, the price of raw materials has to be equal to the cost for other manufacturers, labor costs have to be near that of other manufacturers, and insurance costs have to be near that of other manufacturers. So, what makes their price so high? |
#70
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"Bob Noel" wrote in message
... In article , "Dan Luke" wrote: "Aluckyguess" wrote : The Cirrus needs the autopilot to fly straight and level. Baloney. well, I would need one since I'm left-handed. I know, I know, I'm in the minority here wrt side-sticks. But I really don't like side-sticks. Two things turned me off the Lancair ES: one was it was very heavy in roll, and the other was the side-stick. -- Bob Noel Looking for a sig the lawyers will hate You may be in the minority WRT side sticks, or you may not. I used to think they were the coolest idea ever, at least if mounted on the right, until I got tennis elbow a couple of times. I still haven't ever tried a side stick; but I no longer have any desire for one because I now see the value in being able to switch hands. BTW, I am also left handed which would add another layer to the problem! Peter |
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