BeechTalk - BT

Username Protected · **Posted:** 10 Oct 2013, 17:47

Username Protected wrote:

I think it's a stretch to imagine this has an impact on our national security - it's just Mooney, not Beechcraft.

and technology :lol:

Username Protected · **Posted:** 10 Oct 2013, 17:50

The Chinese bought Adam aircraft , I dont see them making them.....It would be nice to see them make a Mooney , but there is not much of a Market for a Hand built aircraft anymore....

Username Protected · **Posted:** 10 Oct 2013, 19:16

I worked in PRC for years, the Chinese know the ultimate status symbol is a plane and the ability to fly around their vast country as they wish - its starting . . . That's why they are "buying aviation". There are more millionaires created in Shanghai every year than all of North America - maybe a real positive for GA on our side of the pond.

Username Protected · **Posted:** 10 Oct 2013, 19:27

Username Protected wrote:

...if they give it a door on the left side...

Rumor has it this was in the works before the factory shut down. The Mooney doesn't have circuit breakers in the way like the Beech. The on board oxygen would be in the way and I'm not sure what else. We'll see if it actually happens but, if true, they would be crazy not to re-start with a pilot side door. I just hope it doesn't weigh too much.

Hopefully it means that parts will remain available.

Username Protected · **Posted:** 10 Oct 2013, 19:34

Username Protected wrote:

I worked in PRC for years, the Chinese know the ultimate status symbol is a plane and the ability to fly around their vast country as they wish - its starting . . . That's why they are "buying aviation". There are more millionaires created in Shanghai every year than all of North America - maybe a real positive for GA on our side of the pond.

There is also a concerted effort by the chinese goverment to grow a domestic aviation industry.

James Fallows recently published a book about that effort. The numbers slated to be put into aviation infrastructure development are staggering.

Username Protected · **Posted:** 10 Oct 2013, 19:49

Like any successful business, they will have to produce a quality product, at a reasonable price, that people will want to buy. I welcome them to the business. Let's see how they do now.

Username Protected · **Posted:** 10 Oct 2013, 19:54

I would buy an Ovation 5 for 250k

Cheap stuff from china can be a good deal. I have a Champion electrical generator that I bought about 10 years ago. As I dont use it much, eventually the fuel gummed up the carburetor. I called the 1-800 number given on the unit itself to get a carb overhaul kit. They told me that they only sell complete carburetors, but for $30 on the entire carb I couldn't really complain. 3 days later, I was back in business.

Username Protected · **Posted:** 10 Oct 2013, 20:03

Username Protected wrote:

It is a shame that China can most likely produce an aircraft and make money while we cannot.

Why do you assume they will make money? History has shown that Mooney has NEVER made money.... If they're going to blow it, they might as well blow it on US soil!

Username Protected · **Posted:** 10 Oct 2013, 21:11

Username Protected wrote:

It is a shame that China can most likely produce an aircraft and make money while we cannot.

Why do you assume they will make money? History has shown that Mooney has NEVER made money.... If they're going to blow it, they might as well blow it on US soil!

Username Protected · **Posted:** 10 Oct 2013, 21:35

I follow the aviation industry given my love of flying. It seems to me (non-businessman) that aviation must look really good on paper to the MBA-types. Over the years, I have seen many grand plans for all sorts of aviation businesses including building planes, air-taxi, fractional ownership, etc and yet most end up failing or teetering on the edge of failure.
I think it is fine that the Chinese are buying up these companies with infusion of cash to make them viable. If they happen to have a great and growing market for the goods they produce, that much better. We stand to benefit from the process. So, I wish the new Mooney success, regardless of the ownership. Lets see if they produce a Mooney with RR500!

Username Protected · **Posted:** 10 Oct 2013, 21:38

Username Protected wrote:

So, I wish the new Mooney success, regardless of the ownership. Lets see if they produce a Mooney with RR500!

They kinda did that, its called the TBM-700.

the "M" is for Mooney

Username Protected · **Posted:** 10 Oct 2013, 21:45

Username Protected wrote:

the "M" is for Mooney

It was, until they went broke (again). I think Valmet was also part of the original consortium but 'V' didn't fit into the acronym.

Username Protected · **Posted:** 10 Oct 2013, 21:57

The reason the deal will succeed - not to state the obvious - is China's cheap labour force w/o all the entitlements. Of more import is the almost nil legal liability issues - their lawyers (the few that there are) do not determine policy like they do in N.A.

Combined with a robotic like work force and Japanese production methodologies; and they will w/o question be able to produce an amazing finished product at 1/2 the price.

Username Protected · **Posted:** 10 Oct 2013, 22:03

Username Protected wrote:

I worked in PRC for years, the Chinese know the ultimate status symbol is a plane and the ability to fly around their vast country as they wish - its starting . . . That's why they are "buying aviation". There are more millionaires created in Shanghai every year than all of North America - maybe a real positive for GA on our side of the pond.

There is also a concerted effort by the chinese goverment to grow a domestic aviation industry.

James Fallows recently published a book about that effort. The numbers slated to be put into aviation infrastructure development are staggering.

Username Protected · **Posted:** 10 Oct 2013, 22:22

Username Protected wrote:

Lord o mighty let us fear the Chinese for have less than one tenth of one percent of the GA airports that we have. You can't get access to the full internet let alone today fly n aircraft in China. They are buying America.

I yea yea the good thing about history is it repeats itself. Japan in the eighties were buying everything in the US because somehow their system of government and private industry partnership, as they called it the was somehow superior to ours.

My favorite story from the eighties was Marvin Davis selling Pebble Beach to the japs for eight hundred million financed by Mitsubishi Bank since one else would provide the financing. Maybe ten years later old Marvin bought it back from the bankruptcy for three eighty.

So today the Chinese have taken a couple pages from the Jap play book with cheap labor, cheap currency and government financed enterprises.

Well we all know were this will all end. Nihao our Chinese brothers bring us your yuan.

Gary

Gary,
You beat me to the punch. I was also going to mention that fact that in '80's, the Japanese were buying up everything in sight. I recall specifically when they bought the Sears Tower in Chicago for nearly a billion bucks. A few years later when their economy ran into a buzz saw, they sold it for 1/4 of what they had paid for it. So, I agree that history has a way of repeating itself. We can sit back and enjoy the developments. I love the fact that they are investing those dollars here and not anywhere else. Keep the investment dollars (or yuans) coming!

Mooney back in bizness