| Business Summary | | Aviation
General,
Incorporated
manufactures,
markets
and
provides
support
services
for
single-engine,
high-performance
Commander
aircraft,
as
well
as
providing
sales,
brokerage
and
refurbishment
services
for
pre-owned
jet
and
piston-powered
aircraft.
The
Company
does
business
through
its
two
wholly
owned
subsidiaries,
Commander
Aircraft
Company
and
Strategic
Jet
Services,
Inc.
The
Company's
first
production
model,
the
Commander
114B,
features
an
extensive
range
of
standard
equipment,
retractable
landing
gear,
260-horsepower
fuel-injected
engine
and
a
constant
speed
propeller.
The
Commander
114AT
is
a
four-place
trainer
designed
for
military,
professional
and
civilian
flight
training.
The
Commander
114TC
is
a
turbo-charged
version
of
the
Commander
114B.
During
the
first
quarter
of
2000,
the
Company
introduced
the
Commander
115
and
115TC,
which
feature
numerous
airframe,
engine
and
systems
refinements,
as
well
as
increased
range
capability
and
an
upgraded
standard
avionics
package. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aviation
General,
Inc.
manufactures,
markets
and
provides
support
services
for
the
single
engine,
high
performance
Commander
aircraft,
as
well
as
providing
sales
and
brokerage
services
for
pre-owned
jet
and
piston-powered
aircraft.
For
the
six
months
ended
6/30/01,
net
sales
fell
29%
to
$5.9
million.
Net
loss
totaled
$1.1
million
vs.
an
income
of
$151
thousand.
Revenues
reflect
lower
sales
of
new
and
pre-owned
aircraft.
Net
loss
also
reflects
higher
legal
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Wirt Walker III, 55 Chairman,
CEO | $150K | Ronald Thomason, 34 CFO,
VP-Fin. | -- | Matthew Goodman, 49 Sr.
VP, marketing and sales | 147K | Carl Gull, 48 VP
of Product Support | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|