Cessna Sees A Potential Rebound In The Piston Market | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Sat, Apr 10, 2010

Cessna Sees A Potential Rebound In The Piston Market

Company Leaders Are "Cautiously Optimistic"

It has been a rough economic 18 months by anybody's estimation, but now officials at Cessna say they are still optimistic, but cautious, about the predicted rebound in general aviation’s piston market.

“We see a number of indications that the general economy may be stabilizing and that should eventually translate into a return to growth in the piston market,” said John Doman, vice president, Worldwide Propeller Aircraft Sales. “The good news is that we would expect the piston segment of the general aviation market – the aircraft represented at AERO Friedrichshafen – to be the first to recover and lead the way.”

Despite delivering fewer piston aircraft in 2009 than in years past, Cessna still led the industry in overall piston aircraft deliveries (354) as well as in deliveries of four-seat pistons (305), where the company offers six models ranging from the 172 Skyhawk, the best selling civil aircraft in history, to the speedy 400 Corvalis TT, one of the world’s fastest fixed-gear piston singles.

Cessna has seen increased activity from flight schools, flight academies, military training programs, airlines and universities for training aircraft, particularly the 172 Skyhawk. Citation business jets are also gaining popularity among airlines both for training and for VIP transportation.

Like many industry analysts, Cessna expects the general economy to gradually strengthen, leading to a rebound in general aviation sales, though substantial growth is not expected before mid-2011.

FMI: www.cessna.com

Advertisement

More News

Sierra Space Repositions Dream Chaser for First Mission

With Testing Soon Complete, Launch Preparations Begin in Earnest Sierra Space's Dream Chaser has been put through the wringer at NASA's Glenn Armstrong Test Facility in Ohio, but w>[...]

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

ANN's Daily Aero-Term (05.11.24): IDENT Feature

IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC