Posted on May 28th, 2019
Posted on February 21st, 2019
Cessna Aircraft and Bell Helicopter parent company Textron reported third-quarter revenues of $2.8 billion yesterday, up 13.5 percent from last year, and profits of $236 million (up $124 million). At Cessna, third-quarter revenues climbed by $236 million to $771 million, while profits increased by $64 million, going from a $31 million loss last year to…
Posted on January 13th, 2019
Second-quarter 2013 earnings are likely to bring few signs of recovery for the business jet market, according to the July Business Jet Monthly report from analyst J.P.Morgan, which highlighted several manufacturers. The report predicts that demand for smaller Cessna Citations will remain depressed but “we will look for more color on the Sovereign and XLS,…
Posted on November 20th, 2018
Cessna Aircraft Company is celebrating another testing milestone with the Citation Latitude. In only the aircraft’s third flight, the Latitude prototype has successfully achieved full envelope performance for maximum speed (440 KTAS, 506 mph), Mach speed (0.80) and altitude (45,000 ft). The aircraft was cleared for a direct climb to 45,000 ft with a gross…
