Slower-than-expected business jet sales in the third quarter that hampered both deliveries and revenues are leading executives from Cessna parent Textron to prepare for another flat year in 2013. At the same time, though, the commercial sales of Textron’s Bell Helicopter unit continue to pick up steam and helped buoy Textron’s overall third-quarter results. Cessna’s profit declined $3 million to $30 million in the third quarter. Business jet deliveries dropped to 41, compared with 47 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "BizJet Market Looks To Remain Flat In 2013, Textron Chief Says".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.