Top Raytheon Aircraft officials declined to comment directly on a recent Wall Street Journal article claiming the company has “suffered more setbacks than it has let on publicly, including rising costs, production problems and canceled orders” for its new Premier I. Since some of the Journal’s allegations also raised questions about the veracity of the information presented to AIN at a pre-NBAA briefing in late August (AIN, September, page 1), we sought a response from Raytheon Aircraft.
“I can reassure you that what we shared with you [in late August] is the information we are using to run the business,” according to COO Robert Horowitz. “The charts and data that we provided you at those times are the data we are using here. Maybe we weren’t clear enough on things like production rates. We adjust those things at regular sales and ops meetings firmly on a monthly basis and we discuss where we are on a weekly basis.”
