Textron’s second-quarter results, scheduled for release on July 16, are expected to reflect a continued turnaround in deliveries, with new models reaching market, but a continued softening of backlog, says analyst Jefferies. Jefferies is forecasting deliveries of 37 Citations in the second quarter, almost double the 20 delivered in the second quarter of 2013. The analyst further projects that nearly 40% of the new deliveries will come from Cessna’s new models – eight ...
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