Beechcraft sold

Newps writes:

It's a myth that any company is bought to simply liquidate it.

It happens every day.

Companies like Onex just want to make money. They don't care how they
do it. They have no personal attachment to their acquisitions.
Either those acquisition start to generate high returns over the short
term, or they are taken apart and sold.

Never makes financial sense.

Unfortunately it often does. It just doesn't make any other kind of
sense. But money is often all that matters.

What the buyer may do is sell the units that are not core to the
business.

That's just a euphemism for what really happens.

--
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Aluckyguess writes:

I dont know if you had your choice would you take a new A36 or a SR22. I
know I would take the A36.

So would I. The A36 is a known quantity, the SR22 is not. I don't
like to bet my life on unknowns.

--
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Robert M. Gary writes:

I've long come to the conclusion that most everyone who
invests in GA is not doing it for money. It just almost never makes any
business sense.

Probably, but the companies doing the buying in this case are well
known for their interest in money, and money alone, which is
worrisome.

I look at all the times Mooney has been sold. Someone
bought them. Yes, they make a fabulous product but what information do
they have that would suggest it would ever be profitable.

Who has bought Mooney over the years?

--
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Have you flown a Beechcraft. They are the nicest GA aircfaft flying.

I've flown a Bonanza and a Baron. Very nice planes, indeed, but
stupidly over-priced. And (IMHO) the Light Sport Aircraft "CT" handles
even better, for 1/7th the cost, and the Cirrus SR-22 is better still.


Beech is a grand old name, and I will hate to see it go away -- but
they've been like a grand old uncle with Alzheimer's Disease. They've
been dead in every way for years, except in body.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Beech had jets 40 years ago with their importing Hawkers
from England. Then they bought the Mitsubishi Diamond and
moved production to Kansas. Then they bought the Hawker
company line of jets. They built the Premier One and that
was long before bankrupt Piper thought of a VLJ.

Beech may survive now that Raytheon is out. Raytheon was
more concerned with major defense contracts and recreational
boating.


"Robert M. Gary" wrote in message
ups.com...
|
| Newps wrote:
| Mxsmanic wrote:
|
|
| The objective is probably to dismantle and liquidate
the company.
|
| You're an idiot. Why would someone spend all that money
to liquidate
| the company? They've already spent many, many times
what the company
| assets are worth buying it.
|
| I don't know that to be true, is it? How many times
earnings did it
| sell for? Does anyone know earnings? Perhaps they were
bought for the
| dividend value of parts.
|
| The whole thing is sad. The fact that Piper beat Beech to
announce a
| jet tells you something. With the King Air line up, it
would have been
| a shoe in to get attention by offering a jet. I tend to
agree with
| others that its likely too late at this point. Probably
just another
| example of a company that found a winning formula 30 years
ago and
| never had the courage to change with the times. We see it
all the time,
| companies run into the ground because they are afraid of
change.
|
| -Robert
|

In article ,
says...


That would be a pretty good bet.
Jim


Wouldn't be the first time. . .
Could be a pretty sad end for an aircraft that has, in some ways, remained
the ultimate "pilot's airplane" for over 40 years now.

I know - time has run out for the venerable KingAir - but Good God what a
career!

Jay Honeck wrote:
I wish it weren't true, but you know Beech has outlived its usefulness
when my response to this sale is a lackadaisical yawn.

They have come up with precisely zero new ideas since the StarShip,
over 20 years ago, and -- their contributions to aviation history
notwithstanding -- if Beech went out of business tomorrow, it would
mean...nothing.

IMO, Beech has been irrelevant to aviation for at least ten years --
almost as long as I've been a pilot.

I normally agree with you Jay, but this is probably the most
shortsighted thing I've ever heard you say in this forum.

I flew a 20 year old A36 recently and all I can say is the only thing
wrong with that airplane was the lack of glass (which they've solved in
the G36), a tendency to dutch roll in turbulence (easily correctable by
the use of a yaw damper) and the price for new copies. If I had the
coin, I'd buy a G36 or Baron over the new plastic airplanes, and a King
Air over a VLJ any day -- even if it cost me more to buy and to operate
on a long-term basis. They're that good.

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.

-Doug

--------------------
Doug Vetter, ATP/CFI

http://www.dvatp.com
--------------------

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.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote:

Have you flown a Beechcraft. They are the nicest GA aircfaft flying.

I've flown a Bonanza and a Baron. Very nice planes, indeed, but
stupidly over-priced. And (IMHO) the Light Sport Aircraft "CT" handles
even better, for 1/7th the cost, and the Cirrus SR-22 is better still.


You've gotta be kidding.

A Cirrus flies better than a Bo'? No way.

The Bo' is the sweetest-flying thing I've ever flown. The Cirrus is nice,
but nothing special.

--
Dan
C172RG at BFM

"Jay Honeck" wrote in message
ps.com...
Have you flown a Beechcraft. They are the nicest GA aircfaft flying.

I've flown a Bonanza and a Baron. Very nice planes, indeed, but
stupidly over-priced. And (IMHO) the Light Sport Aircraft "CT" handles
even better, for 1/7th the cost, and the Cirrus SR-22 is better still.

Jay,

Wangle a flight in a Columbia 400!

Do it now! (We'll wait for you to get back to your computer...)


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO (MTJ)