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Sonaca Aircraft stops production of 'loss-making' S200

Sonaca Aircraft will stop the production of its S200 aircraft after the Board of Directors of Sonaca Group decided to stop financing the "loss-making activities" of its subsidiary. The impact of the COVID-19 crisis is said to have been the cause of the company's decision."The cessation of Sonaca Aircraft's production activities is a necessary decision," said Yves Delatte, CEO of Sonaca. "The COVID-19 pandemic, which will globally impact the aviation sector until 2025, has strongly affected general aviation, especially activities related to pilot training and education."Sonaca noted that it had reached out to partners to help the subsidiary enter a new market, but couldn't reach an agreement.Financing has been granted to allow the Belgium-based aircraft manufacturer to continue services and after-sales support of the Sonaca.Additionally, all employees will be offered a new position in one of the group's entities within the country."We have to focus all our strengths on our expertise in aerostructure, where Sonaca aims to become a world leader by 2025. The know-how of each Sonaca Aircraft employee will be a real asset to reach this goal," explained Delatte.Created in 2016, Sonanca Aircraft is a subsidiary with a mission of developing, certifying, and marketing training aircraft. The Sonaca 200 is specially designed for training and leisure flight, and will have delivered 57 units since its beginning.
Created 33 days ago
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