Posted on 11/29/2007 8:46:29 AM PST by charles m
Textron Inc.'s Cessna Aircraft Co. will become the first U.S. manufacturer to turn over complete production of an airplane to a Chinese partner, a move intended to cut production costs and foster a nascent private-aviation market in China.
Cessna officials said China's state-owned Shenyang Aircraft Corp. will build the new Cessna 162 SkyCatcher at its factory in Shenyang, China. The planned single-engine, two-seat airplane will be the smallest in Cessna's product line. It is designed for training and what is known as the light-sport market, for recreational fliers.
Cessna hopes manufacturing in China will help keep the price of the plane low enough to attract new pilots to counter the dwindling ranks of U.S. recreational fliers. It also could lower the cost barrier for training new pilots amid surging demand for airline pilots world-wide.
The deal is scheduled to be announced this morning in China at a news conference in Beijing. Cessna, which said this summer that it would build the plane, estimates it will be available by late 2009.
Lewis Campbell, Textron's chairman and chief executive, said in an interview that lower manufacturing costs in China would allow Cessna to sell the airplane for $71,000 less than it would if it had built the plane at its factories in Wichita, Kan. The move also positions Cessna to play a larger role in the developing private- and corporate-aviation market in China.
(Excerpt) Read more at online.wsj.com ...
First plane made out of lead. All right!
Want to buy one?
Buy Chinese... Kill America
Confucius say: “Man who fly airplane upside-down have hairy crack up.”
Buy one if you think your life is worth $71,000.
If they make it out of rubber they can call it Boiiinnnggg because of the noise it makes when it plows into the ground.
Darn, missed the opportunity for the first comment about lead. Aside from that, now that I know about US company faithfulness, I’ll continue to completely loose my brand loyalty. It appears that Cessna has the Microsoft disease...absolutely no innovation in design. It’s time for a young business type to give us a new airplane. As a pilot, Cessna is now OUT for me!
They’ll probaly paint it with lead paint.
Anything over 50% should make them a foreign manufacturer and they should be treated as such.
How depressing
Boeing already has plants all over the world. Wouldn’t be a surprise to see them there.
Another article today where China is building cars in Mexico to ship to the US in a back hand Nafta move. Now planes.
Well, it was nice to be the worlds superpower for a while, wasn’t it?
Cessna officials said China's STATE-OWNED Shenyang Aircraft Corp. will build the new Cessna 162 SkyCatcher
Anyone else see the problem here??
Already posted on FR, yesterday as I recall.
Duncan Hunter does. If the public were allowed to hear him, they'd know he is the ONLY one on our side in the China mess.
Duncan Hunter on Trade and China. Watch video www.youtube.com/watch?v=nDoO_TcpysE
“Aside from that, now that I know about US company faithfulness, “
That’s not a secret. You can and will be lectured about this by freepers. They will tell you that the only reason for a corporation is to make money. They will ignore that people comprise a business, and will tell you that whatever a business needs to do to make money is ok, as long as it’s legal.
I find that to be devoid of ethics. I find this quote to be pretty accurate:
Corporation: An ingenious device for obtaining profit without individual responsibility.
- Ambrose Bierce
I call it conscience free trade.
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