Cessna is feeling the pinch. No doubt about it. The Wichita
Eagle -- always a dependable eye watching the machinations of
aircraft manufacturers in the Heartland -- reports Cessna
deliveries were down 35 percent in 2003 as compared to the year
before. Ouch.
And the slide isn't over yet, although Cessna professes to see
light at the end of the tunnel.
While Cessna and its parent company, Textron, expect 2004
deliveries to continue the downward trend, the company predicts a
rise in deliveries for 2005.
US Transportation Secretary Norman Y. Mineta has announced the
Transportation Services Index (TSI), a new economic indicator
intended to measure the performance of the economy as reflected in
the movement of freight and passengers.
Secretary Mineta announced the Department of Transportation’s
(DOT) index after ringing the opening bell of the New York Stock
Exchange. The new index will focus on the movement of freight and
passenger traffic by land, water and air.
The National Business Aviation Association (NBAA) has a new
manager for its seminars program -- Dina E. Green, who joined NBAA
in a full-time capacity on January 26. Her responsibilities include
assisting in the planning and implementation of the NBAA Seminar
Program and Informational Sessions at the Annual Meeting &
Convention, EBACE and LABACE. Green reports to Sandy Wirtz, NBAA
director, seminars.
Signature Flight Support...David Best has been named Managing
Director, Europe.
Operating from the aviation services company's base at London Luton
Airport in the UK, Best will focus on growing and expanding
Signature's fixed base operation (FBO) network throughout Europe,
Africa and the Middle East. Best has also been tapped to sit on the
board of Signature's joint venture in Hong Kong.
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