23 MAY 2011

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Article from BTNews 23 MAY 2011

AND FINALLY: You would not believe it!

EBACE is normally a pretty friendly occasion.  They may be deadly rivals when it comes to business but the executive aircraft family eat, drink and debate together, normally in harmony. 

Not so this year at Geneva.

On the eve of EBACE, a bank, Swiss but nameless, in a supporting presentation, stated to the assembly that a certain manufacturer would be out of business within 12 months.

You could hear a pin drop.

Your Editor would like to tell the young, and one would guess overpaid, so-called finance man, that even if the plane maker were to go bust tomorrow 50 years or more of production would leave a fine heritage requiring support (and hence business).

No writs have been delivered to date as far as we know.

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