Cessna Marks First Q1 Profit In Five Years

The acquisition of Beechcraft helped increase Textron’s new Aviation segment revenues by $77 million and turn what had been an $8 million loss at Cessna to a $14 million profit in the first quarter, Textron reported May 1. Textron closed on the Beechcraft acquisition March 14 and combined the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.