TechRep
7th Jul 2002, 12:43
Hello Everyone,
This is my official first post on pprune. I work for Fairchild Dornier in San Antonio as a Technical Support Rep and thankfully I am still employed but for how long is uncertain. Currently the work force in San Antonio and Herdon Virgina is down from 700 employes too the current count of 100 employees. Recently the workforce in Oberphaffenhofen, Germany was downsized from approx. 3000 employees to 1000 employees. The financial troubles started immediatly after the 9/11 incident but this only escalated or sped up the financial woes of the company.
FD invested $1.5 Billion dollars into the Do728/928 program and orders were optimistic for this 4th generation 70/90 seater. We are now in serious trouble and on the verge of being split into sepearte parts. The company has the current Do328 program with about 203 current frames in use by customers such as Atlantic Coast Airlines, PSA, AWAC, Skyways, Great Plains airlines. We also have the Airbus component line which makes major sub-sections for the Airbus A32X which is about 15% of our total load. The Do728 was to be the frame that launched the company into the future, for those not familiar with the frame goto my web page and view some great photos of the aircraft.
<http://imageevent.com/techrep/fairchilddornieraircraftphotos;jsessionid=x3utjcuhf1>
We are being told at this time if there is no investor showing due diligance or willing to put up money by the end of July 2002 there will be further layoffs. Currently there are 7 investors interested in the 328 program with 3 investors interested in continuing production. major Players include EADS, Nestle/Dornier Family, Dimeling investment group (Group that bailed out Piper).
The 728 program was being considered by Bombardier but was dropped for two apparent rumors. Rumor one was risk partners (vendors) refused to give 20% price reduction on compaonents and Rumor two was CRJ700 airlines were concerned it would impact CRJ700 prices negatively. Currently Alenia, part of EADS, is showing Due Diligance in the 728 program and has finsihed a program assesment. There is questions if they can afford the need $1 Billion additional dollars needed to complete the project and achieve first flight and delivery.
TechRep
www.imageevent.com/techrep
This is my official first post on pprune. I work for Fairchild Dornier in San Antonio as a Technical Support Rep and thankfully I am still employed but for how long is uncertain. Currently the work force in San Antonio and Herdon Virgina is down from 700 employes too the current count of 100 employees. Recently the workforce in Oberphaffenhofen, Germany was downsized from approx. 3000 employees to 1000 employees. The financial troubles started immediatly after the 9/11 incident but this only escalated or sped up the financial woes of the company.
FD invested $1.5 Billion dollars into the Do728/928 program and orders were optimistic for this 4th generation 70/90 seater. We are now in serious trouble and on the verge of being split into sepearte parts. The company has the current Do328 program with about 203 current frames in use by customers such as Atlantic Coast Airlines, PSA, AWAC, Skyways, Great Plains airlines. We also have the Airbus component line which makes major sub-sections for the Airbus A32X which is about 15% of our total load. The Do728 was to be the frame that launched the company into the future, for those not familiar with the frame goto my web page and view some great photos of the aircraft.
<http://imageevent.com/techrep/fairchilddornieraircraftphotos;jsessionid=x3utjcuhf1>
We are being told at this time if there is no investor showing due diligance or willing to put up money by the end of July 2002 there will be further layoffs. Currently there are 7 investors interested in the 328 program with 3 investors interested in continuing production. major Players include EADS, Nestle/Dornier Family, Dimeling investment group (Group that bailed out Piper).
The 728 program was being considered by Bombardier but was dropped for two apparent rumors. Rumor one was risk partners (vendors) refused to give 20% price reduction on compaonents and Rumor two was CRJ700 airlines were concerned it would impact CRJ700 prices negatively. Currently Alenia, part of EADS, is showing Due Diligance in the 728 program and has finsihed a program assesment. There is questions if they can afford the need $1 Billion additional dollars needed to complete the project and achieve first flight and delivery.
TechRep
www.imageevent.com/techrep