This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Airstream CEO Shares Secret Of Resurgence

What kind of changes are you seeing within Airstream customers themselves? Who's buying Airstream these days?

Wheeler: We're very lucky in the fact that we have a strong foothold in the greatest generation. It's a product they've known and loved their whole lives. We've also maintained this uber-cool hip factor with design aficionados in their 30s and 40s. We've managed to straddle two very different worlds and create products that are relevant to both groups.

When we develop new products, we focus on understanding those customers. We have one line of products called the Classic Limited that's traditional, upscale residential design. It's something that many customers who are in their 60s and 70s can understand, access and appreciate. At the other end of the spectrum, we have the International trailer line, which is very clean, Danish modern design that appeals to the younger consumer that's grown up with the IKEA generation.

It's all encapsulated in the shiny aluminum exterior that everybody knows and recognizes.

What has the recent economic climate in the U.S. done for Airstream?

Wheeler: The entire RV industry benefited enormously from a post-9/11 stay-close-to-home, family-focused, don't-travel-by-air environment. There was a huge run-up in the industry from 2001 to 2006. Some of that effect was mitigated by the downturn in 2008 and 2009, but now we see that starting to come back.

Air travel's a hassle, there's no two ways about it. Taking a family of three, four or five on vacation anywhere by air is enormously expensive. People look at an Airstream and say they can have the same experience in a product that they've always wanted that retains its value. That's starting to make sense economically for a lot of people where, 10 years ago, it didn't.

Now that Airstream is broadening its customer base, what are some of the requests the brand is getting for additions to the product that Airstream may be considering?

Wheeler: There's an interesting trend that reflects the wireless communications capabilities that have become so prevalent in the last eight or 10 years, and that is for a mobile office. So many more people have a job that doesn't tie them to a location: They can work virtually.

For many, the next level is to take that experience on the road. There's no reason they can't work from an Airstream in a campground just as easily as they can for a house. We've had more request for desk space and thoughtfully designed workplaces in both the trailers and mobile homes as well as better communication tools.

We haven't pulled the trigger on it yet, but we're taking some big steps in that direction.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ZQK $1.51 0.00%
F $15.27 0.00%
GM $35.70 0.00%
AAPL $132.54 0.00%
FB $80.54 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs