Beech Aircraft have recorded total sales for 1991 of a record $1.1bn. This impressive figure follows the delivery of 20 Beechjets, 35 single and twin engined Barons and 204 Bonanzas (pictured) during 1991. A company subsidiary has also been awarded a contract to maintain the 500-plus C-12s and U-21s in US military service. (Beechcraft)
People, Bottom Line, Video & Book Reviews
Bottom Line
Beechcraft completed 1991 with the highest sales in its 60 year history at $US1. 1bn ($Al. 5bn) and the second largest pre tax profit at $US106m ($Al41. 3m). Beech 1s now the premier company in the US general aviation market. • Fokker has announced that the company’s 1991 results after tax amounts to NLG 87m ($A60. 6m). This compares with NLG 83m ($A57. 8m) in the previous year. Although the world’s airlines are still suffering from a depressed market, regional air transport, which is preeminently Fokker’s market segment is more encouraging. • Rolls-Royce ‘has reported reduce _ d profits for 1991 , reflecting a difficult year m the aerospace indust Sales fell by 4″. 6 to_£3. 5bn ($A7. 8bn) folloJ mg the recession m both the civil and military aerospace markets. Operating profit reduced to £335m ($A748. 6m) due to lower aerospace sales and margins. This is a result of continuing competitive pressures on engine selling pricesand to asubstantial fall in demand for civil spares.
People
Andrew Wise has joined Ansett Express as Publicity and Promotions Manager. David Hood has joined consulting engineers Maunsell Pty Ltd as the company’s National Business Development Manager, Aviation. Peter Ro wland has been appointed Corporate Business Development Manager for British Aerospace Australia.
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