Article here... http://recp.mkt32.net/servlet/MailView?m=17307768&r=MzYzMTcwNjIxOTIS1&j=MjE0NTEzNjQyS0&mt=1

Certainly not a good sign. They're also twisting arms of the gray hairs to retire early. I don't like that, especially in light of the fact that they purged 50% of their experienced workforce 4-5 years ago.

Anyone believe our economy is growing?

It says.....margin pressure for the typical 500 employee company (they buy light jets).

The "information age" has hit along with the financial recovery. Everyone knows how to shop every single purchase, and it has a new name.....lower margins.

Lower margins (margin compression) = fewer light jets!

As a person who in no way could ever afford a business jet, the first time I set foot into a Mustang I was like WTF. Seriously, it looks cheap on the inside. Cheap interior. Narrow seats (presumably because they are all that can fit in the narrow fuselage). If you buy a business jet to get around, don't you want first class seats rather than coach? Even if you can live with it, do you think your wife or that business associate you are trying to impress is ok with it too?

I actually reacted verbally about how cheap it looked, which of course shocked the sales rep at Oshkosh. Maybe I am a snob?

I think the real issue is the top 0.1% that can afford business jets can do better than this.

When you are selling something to the market that can afford a bizjet, you need to tone it up a little.

+1 Interior reminds me of a rental car...

That's the difference between $2.8 million and $4.8 million! It's the same as the difference of a $40,000 car and what you'd expect out of an $80,000 car.

The picture in the article shows the Mustang. The text of the article says CJ2+, 3, and 4 iirc - they aren't cheapo.

Business owners are not confident. There is no rhyme or reason for when or what the next regulation will be. No industry is immune. Those who "have" are shifting gears from investing to protecting. It will take years to reverse this as long term investments in corporate infrastructure and projects grinds to a halt.

I have yet to speak with a mid to regional size employer who feels differently (in private).

One more manufacturing export off the books.

A Phenom 100 is also $2.8 million, and it doesn't remind me of a Hyundai.

A Phenom 100 is also $2.8 million, and it doesn't remind me of a Hyundai.

Flew (charter) in a phenom 100. I thought the interior was nice. Loved the G1000!

Gee, I guess they don't want to wind up in chapter 11.
Prudent measures for difficult times I think.

That's the point. You're seeing the stress on small to medium sized businesses that used to buy entry jets.

I actually see no use for a Mustang. If I wanted a small Citation I would go buy a 501 for $600-700K in this current market, and fly the hell out of it....

I wonder how much of their lunch Embraer is eating in that market segment.

I see 48 deliveries on Phenom 300 and 29 Phenom 100.

This is opposed to 38 Mustangs, 19 CJ2 and 21 CJ3.

There is nobody else who really makes light jets, Beech sold 3 Premiers. So any plane Embraer sells goes out of the pot that used to be for Cessna alone.

the top brass and Wall Streeters need to leave a little in the company so we can make exciting products once again.