AVweb's NBAA 2008 Podcast #2: Cessna's Pelton on Financial Crisis This Time It's Different
File Size 8.1 MB / Running Time 8:48
Topic One at the opening day of the National Business Aviation Association convention is the growing financial and credit crisis. Cessna president Jack Pelton says the company is seeing slowed uptake in orders for new aircraft as credit tightens. The worry is that this economic trouble spot is entirely different than the 2001 slowdown, Pelton says.
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