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[GooseHZ]

why

Brn,

why is it that you seem to enjoy posting all the bad news you can find about flops????




fly safe

 

[Da Man]

Text from Raytheon Link

Raytheon Weakest Player
Raytheon Aircraft is the weakest of the major players, and for good reason, the Teal overview stated. Deliveries last year gave Raytheon just 9 percent of the total market. Development costs related to the Premier I and now Hawker Horizon have hurt the business. An order by NetJets for 50 Horizons at the 1999 Paris Air Show seemed to establish that airplane as the dominant model in the super-midsize segment, “although there have been serious technical problems with the design,” said Teal.

(When pressed by AIN, Aboulafia was unable to be specific about the “problems,” conceding he inferred them on the basis that technical issues encountered in the delayed Premier I program may have “translated over to the [delayed] Horizon [program]. But we can’t tell you. We believe there was something more substantial than just bad management.” Raytheon insists the program is technically on track. “There are no technical problems with the airplane,” according to a Raytheon spokesperson. “We are very pleased with the Horizon.”)

Raytheon Aircraft, Teal added, is very much on the market, but so far its asking price has been unrealistic. Unless it finds a way to pull itself out of its current tailspin, Raytheon Aircraft could soon find itself sold off in pieces, said Teal.

In the so-called very light jet segment, Teal predicts the Cessna Citation Mustang and Eclipse 500 are the only designs that have realistic chances of showing any promise. Most other proposals have foundered or stagnated, and even with new jets in the pipeline–Teal mentioned a Honda HFX-powered airplane in the contemplation phase at Learjet, an all-new Premier I-size airplane from Fuji and a New Piper design that would use the Williams FJX as possible contenders–airplanes in the sub-Mustang class won’t have much of an impact, it predicts.

Dominance by the large, established players will continue, as will the bias against startup companies, said Teal. The larger companies have the resources to develop new models and withstand cyclical downturns. The deck seems completely stacked against new market entrants, and conditions look to stay this way for the predictable future. After all, Teal points out, only one all-new market player–Embraer–has succeeded in delivering more than one jet-powered airplane per month on a sustained basis in the last 40 years.

The most vulnerable of the established market segments is the super-midsize category, Teal said. The Raytheon Hawker Horizon, Bombardier Challenger 300, Cessna Citation Sovereign and Gulfstream 200 all face high levels of risk and uncertainty, owing to a crowded market, which makes this category all the more vulnerable during a downturn. Super-midsize airplanes also face pressure from a number of current, past and future models in similar price/capability ranges, namely the Dassault Falcon 50, Citation X, Hawker 1000 and Gulfstream 300.

 

[sky4]

Because Burn is with netjets.