LettersFromFlyoverCountry
Well Known Member
Well, this stinks. According to AvWeb
Troubled by decreasing volume in a flat aviation economy, Mattituck Services, one of the northeast's longest-established engine shops, will close at the end of May, according to Continental Motors. Some of the 23 affected employees will move to Continental's Fairhope, Alabama facility, which offers similar services on overhauls and factory service.
"Very simply, we're closing the Mattituck facility and integrating it with our facility in Fairhope, Alabama. Unfortunately, four years of continued bad GA market meant that it was not effective to keep two facilities open," said Rhett Ross, CEO of Continental Motors. "Very bluntly, I think both us and Lycoming have a done a good job of pointing out the value of factory options and that has made a contribution across the board to the decline there. It was not an easy decision, but that facility has been marginal for at least the half decade."
I suppose this explains the big parts sale (see spreadsheet) underway.
Troubled by decreasing volume in a flat aviation economy, Mattituck Services, one of the northeast's longest-established engine shops, will close at the end of May, according to Continental Motors. Some of the 23 affected employees will move to Continental's Fairhope, Alabama facility, which offers similar services on overhauls and factory service.
"Very simply, we're closing the Mattituck facility and integrating it with our facility in Fairhope, Alabama. Unfortunately, four years of continued bad GA market meant that it was not effective to keep two facilities open," said Rhett Ross, CEO of Continental Motors. "Very bluntly, I think both us and Lycoming have a done a good job of pointing out the value of factory options and that has made a contribution across the board to the decline there. It was not an easy decision, but that facility has been marginal for at least the half decade."
I suppose this explains the big parts sale (see spreadsheet) underway.
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