Wichita Is Not The Next Detroit, Analyst Says | 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-05.19.25

Airborne-NextGen-05.20.25

AirborneUnlimited-05.21.25

Airborne-AffordableFlyers-05.22.25

AirborneUnlimited-05.23.25

Thu, Aug 21, 2014

Wichita Is Not The Next Detroit, Analyst Says

But Growth Will Be Slow, Cautions Rolland Vincent

Aviation Analyst Rolland Vincent, president of Rolland Vincent Associates, says he is "very optimistic about Wichita," but that the recovery in the business jet market will continue to be slow.

Speaking Tuesday at the Wichita Aero Club, Vincent said that he sees a demand for  9,391 business jets in the 10 years from 2014 to 2023 valued at $257 billion. He said that 39 percent of those will likely be ultra-long-range jets, with the next largest segment being large long-range jets at 18 percent.

He said that the question he hears about Wichita being the next Detroit bother him, and he does not expect the kind of collapse seen in that city happening in the aviation sector. He predicts that there will be 718 business jets delivered in 2014, up from 678 last year.

The Wichita Eagle reports that Vincent said during his speech that there are multiple reasons for the low pace of growth in the segment. Buyers, he said have plenty of cash, but they're still skittish about the recovery ... and some are still working to get back to where they were six or seven years ago. He also said that flight operations have slowed, or in some cases stopped altogether. That, coupled with glut of used light and midsized jets on the market and increased competition from foreign companies like Embraer, is keeping the market down, he said.

Buyers also want planes with larger cabins and longer range, and "that's not what we do here ... yet." he said.

Vincent said that Cessna's Latitude and Longitude will help in that sector of the market, and that the acquisition of Beechcraft by Textron was good for the industry.

Vincent said that another positive factor is the backlog of orders for Boeing and Airbus ... both of which have supply chains that rely heavily on Wichita. And while he cautioned that the pace of orders for both planemakers is "not sustainable," there are probably seven to ten years of solid work to be done supplying commercial aviation.

FMI: www.wichitaaeroclub.org

Advertisement

More News

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

Airborne 05.19.25: Kolb v Tornados, Philippine Mars, Blackhawk Antler Theft

Also: Tentative AirVenture Airshow Lineup, Supersonic Flight Regs, Private Pilot Oral Exam Guide, Boeing Deal The sport aircraft business can be a tough one... especially when Moth>[...]

Klyde Morris (05.19.25)

Klyde Gets Nervous... Is Crazy Mike Enough? FMI: www.klydemorris.com>[...]

Airborne-NextGen 05.20.25: Drone Regs, Zero-Emission Cargo, Door-Dash Drone

Also: Blackhawk’s Replacement, Supersonic Flight, Archer 1Q/25, Long-Range VTOL Program U.S. Secretary of Transportation Sean P. Duffy released an update on progress being ma>[...]

Airborne Affordable Flyers 05.22.25: RV-15 Finalizing, OSH NOTAM, Kolb v Tornado

Also: Elektra Solar Trainer, U.S. Nationals Update, SeaMax M-22 Catches Fire, Bearhawk Aircraft At SUN ‘n FUN The Vans Aircraft engineering team recently provided its spring >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC