General Aviation Manufacturers Expand Their Global Footprint

Around the beginning of this decade, a flurry of acquisitions of general aviation companies took place. In almost every case, U.S. or European investors were reluctant to step up and compete to buy these GA manufacturing assets. In only two cases did Western investors buy a GA manufacturer: MetalCraft acquired the SJ30 jet program in 2011, after its Middle East owner Emivest Aerospace declared bankruptcy; and Textron bought Hawker Beechcraft in 2014, after a Chinese company had submitted a bid for the bankrupt U.S. airframer.

The list of formerly U.S. GA companies now owned by foreign enterprises is surprisingly large. Clearly, non-Western investors possess a greater appreciation for the long-term opportunities in GA manufacturing, a fact that is surprising given that GA is such a tiny part of these countries’ industrial activities.

To expand on this topic, we  present this special report from our colleagues at BJT sister publication Aviation International News.

Leave a commment

Add your comment

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.