Beechcraft sold

Mxsmanic wrote:
...
First you milk the company for all its worth, then you carefully cut
it into pieces and sell it for prices that give you a substantial
return on your initial investment.


Ignoramus. First, you look up the net book value of Beechcraft's
assets and compare to $3 billion. E.g., Textron (only a fraction
of whose total business is GA aircraft including Cessna and its
jets) is only $3B at book. Were Beechcraft's aged plants to be
sold off netting relatively little, all that's left are the type
certificates, which alone can't be worth near $3B. The value of
this kind of business is as a going concern, and then look at the
historical GAMA shipment #'s and see their competition problems
on these old designs.

Now you're an expert also on business/finance, but admitting to
making only $647/month.

F--

"Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message
...


If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end.

Where do you see the BeechJet fitting in?

The best way to do this is to buy someone already in or close to being in
the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.

The price of a 400 would rise by half a million bucks overnight.


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO (MTJ)

"karl gruber" wrote in message
...

"Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message
...
If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end. The best way to do this is to buy someone already in or close
to being in the market. The Beechcraft name is worth a lot think if they
bought Columbia and put their name on it.

I wouldn't bet on Eclipse EVER being built. Be prepared for their
bankruptcy soon. Just a personal hunch.

Karl
"Curator" N185KG



I just through Eclipse out because someone else mentioned it up thread and
VLJ would do. But if they are in trouble it would allow somebody like
Beechcraft to jump in and get all of their designs and tooling for pennies
on the dollar. Sounds like a perfect chance for a company that needs to get
into the market.

karl gruber schrieb:

Let's see.................name a NEW airplane you can fill all the tanks,
all 10 seats, 50 pounds of baggage for each PAX, and then go 5 hours at 310
Kts.

PC12

The WSJ has had several stories during the last couple months relating
how hedge funds have purchased viable companies, borrowed heavily,
siphoned off the loans and left the company in shambles.

Mxsmanic wrote:

Jim Burns writes:



Yep, and doesn't "private equity fund" sound like a hedge fund??



Whenever a company buys another company for pure purposes of financial
gain, the company acquired usually suffers and often disappears. This
is probably very bad news for Beechcraft.

I respectfully disagree.
Beech is probably the leader in GA when it comes to using carbon fiber.
They invented many of the practices and procedures when they developed
the Starship.
Their new corporate jets incorporate the technology they developed and
got certified, paving the way for others in the future.


Jay Honeck wrote:

Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.



I wish it weren't true, but you know Beech has outlived its usefulness
when my response to this sale is a lackadaisical yawn.

They have come up with precisely zero new ideas since the StarShip,
over 20 years ago, and -- their contributions to aviation history
notwithstanding -- if Beech went out of business tomorrow, it would
mean...nothing.

IMO, Beech has been irrelevant to aviation for at least ten years --
almost as long as I've been a pilot.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote in message
ps.com...
Have you flown a Beechcraft. They are the nicest GA aircfaft flying.

I've flown a Bonanza and a Baron. Very nice planes, indeed, but
stupidly over-priced. And (IMHO) the Light Sport Aircraft "CT" handles
even better, for 1/7th the cost, and the Cirrus SR-22 is better still.


Beech is a grand old name, and I will hate to see it go away -- but
they've been like a grand old uncle with Alzheimer's Disease. They've
been dead in every way for years, except in body.
--
The Cirrus needs the autopilot to fly straight and level.

Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Matt Barrow" wrote in message
...

"Gig 601XL Builder" wrDOTgiaconaATcox.net wrote in message
...


If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end.

Where do you see the BeechJet fitting in?

Right about where it is now.


The best way to do this is to buy someone already in or close to being in
the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.

The price of a 400 would rise by half a million bucks overnight.


There is no reason for this. Sure Beech has always been overpriced maybe the
new owners will be more market oriented.

If Beech re-opened up its lines again for the Sport, Sierra , Duchess, and a
few I missed. They would all be superior to anything else on the market.
Their only problem is price, now that's a biggy but maybe the new company
plans on fixing this.
If a G36 was 50k more than a SR22 and you were looking for a plane in that
class what would you buy. The problem is its 200k more. I believe the new
company can fix this. The new company may even put a parachute in it to
satisfy the spouse that is afraid .
Then you have the Baron, if you have money for fuel its the nicest small
twin their is bar none.

Newps wrote:
Robert M. Gary wrote:
It's a myth that any company is bought to simply liquidate it. Doesn't
happen. Never makes financial sense. What the buyer may do is sell the
units that are not core to the business. So take Raytheon as an
example. Is Beech a core business for them or does it simply drain
company resources?

It does, but not with companies large enough to understand finance. I
never implied they bought it to liquidate it, I suggested they may have
bought it for the dividend value of parts.



The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something.



Hello? Beech has had a jet for a long time. Or did you mean a newer
jet design?

Light Jet to compete with all the Baron and King Air sales they will
lose.

-Robert