Cessna Aircraft is expecting to produce 225 Citation jets in 2010, down from the 289 produced in 2009 and 407 in 2008. But that number is better than estimates executives had considered six months ago, Scott Donnelly, president and chief executive of Cessna parent Textron, reported last week. Executives at both Textron and Cessna have long indicated that production would slide further in 2010. Cessna Chairman Jack Pelton predicted in September, and some analysts feared, that Cessna ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "CESSNA PRODUCTION TO DROP TO 225 JETS IN 2010, BUT MARKS UPWARD SHIFT".
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.