November 5, 2008
By Alton K. Marsh
Few details are available as yet, but both Cessna Aircraft Company and Mooney Aircraft Company have announced a slowdown in production due to a slowing economy.
Cessna CEO Jack Pelton said in a letter reported by the Wichita Business Journal that orders are slowing worldwide for both Citation business jets and piston-engine aircraft, requiring slower production rates and job eliminations. The company will first reduce the work force through relocations and voluntary measures before making involuntary reductions. There will also be aggressive cost cutting, the newspaper reported.
Mooney management, in a letter to state officials, said they were laying off 229 workers with no intention of recalling them. Production on new aircraft is halted temporarily while an excess inventory of aircraft, based mostly at the factory, is sold.
Cessna reports "strong deliveries" of the new TTx since being awarded an FAA type certificate in June, and Brazil has followed suit.
NetJets has added a new safety feature to its long-range fleet: a doctor who is always in.
Shell announced Dec. 3 the development of an unleaded aviation fuel that will be submitted for certification as a "performance drop-in" avgas replacement.
AOPA thanks our members for their continued support in protecting the freedom to fly.