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 February 16th, 2019
Posted on January 19th, 2019
Development delays with software for the Garmin avionics suites for Cessna’s new Citation M2, Sovereign and X will push back first deliveries by a few months. During a conference call yesterday on second-quarter earnings at Cessna parent Textron, chairman and CEO Scott Donnelly said that deliveries of the M2 and the Sovereign will now start…
Posted on November 11th, 2018
