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April 23rd, 2010
11:00 AM ET

Building Up America: Cessna rises above recession

(CNN) – Hit hard by the recession, the aviation giant Cessna was forced to reexamine the way it did business and it's helped them soar to new heights in hard times. Our Tom Foreman reports from Wichita, Kansas for today's "Building Up America" report.

Full coverage: Building Up America

Filed under: Building Up America
soundoff (4 Responses)
  1. Def

    Cessna concentrating on customers? About time. When I called them 3 years ago looking to purchase a used Citation II Jet for about $3 Million, they treated me like I was nothing even though I already operated three of their jets. Salesman bragged that the waiting time when getting a new jet was 18 months ... like that was important to me. Consequently, I have done as little business with them as possible – parts are overpriced, out of stock and slow and support for older aircraft is poor at best. Today I got a card in the mail from the new Zone Manager saying they are ready to help find new or used Citation Jets ... so maybe they have changed ... time will tell.

    April 30, 2010 at 10:57 am |
  2. Riley Cooper

    Our home business was really affected by the Economic recession, we have to cut jobs just to cover up our losses. fortunately, we have already recovered. '

    April 28, 2010 at 8:11 am |
  3. john

    Good morning, yes it’s Sunday but I am hoping this get’s read on Monday.
    I have a simple resolution to correct the economy.
    1. Since the government bailed out the banks and car companies, let them bail out the American people from all those high interest loans. Let America refinance all their loans through the government and have the government collect 6%of the loan directly through their salaries. All of the American’s that agree to the loan shall limit their credit to 5% of their salary.
    2. Two allow employer to offer the tuition reimbursement the children of employees also, come on what harm is there are we not providing to the future of our children.
    3. Make a law preventing bank and lenders from offering or providing loans to anyone that owes more than 30% of their income. With the exception of a mortgage and it should be figured out that no shall owe more than they could afford.
    4. Invest in Americans; allow start companies to pay taxes like an individual. My GOD I open a corporation and it has become a nightmare. Never again.
    5. This may sound crazy, but someone said open the border to all of those who want to work and shot the rest. I agree. With people come demands, with demands come jobs. Every time we deport a hard working person, we have another vacancy. Has anyone thought of this? Maybe we can even hire illegal’s to protect the border, they know how to get in.
    John Illas

    April 25, 2010 at 9:30 am |
  4. Wichita16

    Cessna sure lied to you, CNN. Cessna started building the wings vertically with the Sovereign back in 2002. It is a very successful technique, and they rolled it out to the other lines a few years later. It had nothing to do with the recession. The engines have always been one of the last things installed on the plane in the factory. It was nothing to do with the recession. The Rapid Response Team is relatively new, but Cessna is one of the last OEMs to have such a program. Others have been doing it for years. It is news that Cessna is still investing in new products. Why didn’t you ask them what happened to the Columbus? Shame on Cessna for making it appear they’ve done more than just lay off 6,000 people and none of them management. And shame on you, CNN, for not checking facts and just taking the word of a CEO who bought a fake degree from a fake online university.

    April 23, 2010 at 7:58 pm |