Ken Ibold
Final Approach
- Joined
- Feb 21, 2005
- Messages
- 5,888
- Location
- Jacksonville, Florida
- Display Name
Display name:
Ken Ibold
So the persistent rumors that Cessna was in talks to buy Columbia were not confirmed by Jack Pelton today. So obviously not confirmed that it appears to be a nearly done deal. Pelton gave a detailed roundup of Cessna's development programs, but made absolutely no mention of the NGP. When asked about the rumors of a Columbia purchase, he gave a "no comment." Which, of course, means either "the final papers aren't signed yet" or "we want to have something to announce at AOPA Expo next week."
Scuttlebutt is that the NGP isn't working out very well and the purchase price of Columbia would be less than fixing the NGP and then certifying it. Look for Cessna to close down the Columbia plant and move everything to Independence.
Actually, I think Cessna is buying Columbia because they've been jealous that all the cool airplanes are low-wings, and this way they can get in on the coolness factor.
Scuttlebutt is that the NGP isn't working out very well and the purchase price of Columbia would be less than fixing the NGP and then certifying it. Look for Cessna to close down the Columbia plant and move everything to Independence.
Actually, I think Cessna is buying Columbia because they've been jealous that all the cool airplanes are low-wings, and this way they can get in on the coolness factor.