Suddenly Wichita is the talk of the business media, and not in a good way, according to an editorial in The Wichita Eagle, which notes that Wichita, “Long the center of so much airplane manufacturing because of Cessna, Hawker Beechcraft, Bombardier Learjet, Spirit AeroSystems, Boeing and their suppliers, is now the poster community for the unprecedented collapse of the market.”
The editorial notes:
“Wichita should not “fret its future,” as a Wall Street Journal headline put it. People will fly and buy aircraft again. The future of general aviation and aerospace remain very strong. Such an industry will continue to be well worth having, ups and downs and all.”