Posted on November 10th, 2018
Amelia Rose Earhart completed an around-the-world flight in a Pilatus PC-12 NG earlier this week, becoming the youngest female, at 31, to fly around the world in a single-engine aircraft. Landing at Oakland (Calif). International Airport, Amelia Rose Earhart returned to her flight origin and “closed the flight plan” of the original Amelia Mary Earhart. The contemporary Earhart–no direct relation to the aviatrix who disappeared July 2, 1937, on her round-the-world flight attempt–conducted the trip to draw attention to her foundation to fund flight scholarships for young women…
Second-quarter revenues at Textron Aviation, which includes Cessna and Beechcraft, climbed $623 million year-over-year, to $1.18 billion, reflecting the Beechcraft acquisition in late March and higher jet deliveries. Textron Aviation delivered 70 turbine business aircraft during the quarter–36 Cessna Citations and 34 Beechcraft Kings Airs, up from 20 jets and 14 King Air turboprops in the same period last year.
Textron Aviation recorded a profit of $28 million in the quarter versus a loss of $50 million a year ago. Meanwhile, Textron Aviation’s backlog at the end of the quarter stood at $1.4 billion, down $100 million from March 30. Textron chairman and CEO Scott Donnelly characterized the business jet market as “stable” and said that much of the growth is attributable to new products–the recently certified Citation M2, Sovereign+ and X+, as well as the in-development Citation Latitude.
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