Sonaca Aircraft Stops Production of S200 Aircraft After Low Sales

The S200 was the only aircraft the company created, so the move also closes the aircraft division of the company.

Thursday, July 21, 2022 at 04:02 PM ET

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Belgium-based aircraft manufacturer, Sonaca Aircraft, said it would cease production of its S200 aircraft [Courtesy: Sonaca Aircraft]

Key Takeaways:

Sonaca Aircraft is ceasing production of its S200 aircraft and closing its aircraft division due to insufficient revenue generation and the financial impact of the COVID-19 pandemic.
The S200, the company's only aircraft model, struggled to gain traction in the training and leisure market, selling only 57 units since 2016, failing to reach its break-even point.
The decision was attributed to the pandemic's disruption of pilot training and education, supply chain woes, and a failure to secure strategic industry partners.
Employees from the aircraft division will be redeployed to other subsidiaries within the Sonaca Group, which plans to focus on its core aerostructures business.

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Belgium-based aircraft manufacturer, Sonaca Aircraft, said it would cease production of its S200 aircraft after the model failed to generate enough revenue. Moreover, the company’s board said the impact of COVID-19 on business activity was a major factor in its decision to “stop financing the loss-making activities.”

The S200 was the only aircraft the company created, so the move also closes the aircraft division of the company.