Top executives at Piper, Cessna and Cirrus are not worried by the increasing number of attempts by China’s AVIC and its many subsidiaries to purchase general aviation companies based on US soil, according to a report by Flight International, which quizzed GA’s movers and shakers at last week’s Sun ’n Fun. The report quotes Piper chief executive Geoffrey Berger: “Fear of the Chinese is irrational. Investors are global, just as businesses are global. Whether an investor is foreign or not is irrelevant. Smart investors choose the best places to invest money, and North American aircraft manufacturers are the leaders.”

===> Posted on April 7, 2011 by Janice Wood. 2 comments. © GAN 2011