"Jayhawk Jake" (jayhawkjake)
12/20/2013 at 14:47 • Filed to: PLANELOPNIK, TIPS
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"Jayhawk Jake" (jayhawkjake)
12/20/2013 at 14:47 • Filed to: PLANELOPNIK, TIPS | 0
| 6 |
This is huge news
http://www.cnbc.com/id/101290167
If true, Textron now essentially owns the general aviation market. Cessna & Beech under one parent company? Crazy.
f86sabre
> Jayhawk Jake
12/20/2013 at 14:57 |
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Beech makes 5 models. The Cherokee competes, but KingAir would be ok. Wouldn't want to be on the Hawker line though.
magman007
> Jayhawk Jake
12/20/2013 at 15:03 |
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Dont forget, Textron owns Bell as well, I am surprised the feds allowed it. Piper, Cirrus, and the other few straglers gotta be shitting them selves.
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Jayhawk Jake
> magman007
12/20/2013 at 15:19 |
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I'm well aware of the Bell ownership ;)
Pilatus seems likely to be the biggest concerned party. If the King Air becomes a Cessna it's got a good chance of hurting the PC-12s market share.
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magman007
> Jayhawk Jake
12/20/2013 at 15:45 |
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just tossing that in there to show their further hold on the GA marketplace. How this doesn't violate anti trust laws is beyond me.
FJ80WaitinForaLSV8
> Jayhawk Jake
12/20/2013 at 15:56 |
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The Feds were happy to let Boeing become the only large passenger aircraft manufacturer in the US. Don't see why this would cause them to bat an eyelash.
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Jayhawk Jake
> magman007
12/20/2013 at 16:14 |
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How does it violate anti trust laws? It's not like Beechcrafts current line competed directly with Cessna. There's some competition between king air and citation jets, but for many customers a jet isn't the answer. The Bonanza is in a bit of a market of its own. Beech doesn't make the jets now, but even then there's still embraer and lear