The uncertain political and economic climate took its toll on Cessna in the fourth quarter with a 21% drop in deliveries, and company executives expect deliveries to increase only modestly this year with most of the uptick occurring later in the year. At the same time, Bell continues to improve with increases in both military and commercial deliveries. Cessna delivered 53 Citation jets in the fourth quarter, down from 67 a year ago. This led to a $110 million decline in ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Cessna Deliveries Drop, To Remain Slow Through First Half".
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.