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 has ceased production of its S200 aircraft and closed its aircraft division due to insufficient revenue generation and the significant negative impact of the COVID-19 pandemic.
The S200, launched in 2016 for the training and leisure market, only sold 57 units and failed to gain market traction or secure strategic industry partnerships.
The company cited the pandemic's disruption to pilot training and education, leading to order levels well below the break-even point and contributing to supply chain issues.
Employees affected by the closure will be offered other positions within the parent Sonaca group's subsidiaries, which will now 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.