Cessna Refutes the Decline of Capitalism

Karlgaard, Rich
October 2009
Forbes Asia;10/5/2009, Vol. 5 Issue 15, p34
The article focuses on the success of Cessna Aircraft Co. despite the current recession, and offers information on the Mustang jet planes. It states that the market for small business jets has been hit by the recession and Eclipse Aviation Corp. went bankrupt in 2008. It mentions that Mustang, with a takeoff weight of 8,645 pounds, is an easy plane to fly. It also states that Cessna's order book declined by 40% following the recession and the U.S. administration's attack on private jet travel.


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