February 2018, Textron confirmed production termination of the Cessna TTx. The stoppage occurred after a decade long runup attempt. Slow sales stalled out cash flow. Only 23 planes were shipped in 2017.
The beginning of the end struck in 2006, when a hailstorm damaged 60 airplanes on the factory ramp in Bend Oregon. The weather related impairment sealed Columbia Aircraft’s departure – they filed for bankruptcy. Cessna purchased the design in 2007. Why were so many planes awaiting customer delivery? Continue reading “A hailstorm of mismanagement downs a good airplane”
