Cessna Aircraft’s business jet delivery woes continued into the third quarter with shipments dipping to 25 units, down from 41 units last year, resulting in another quarterly loss, Cessna parent Textron reported Oct. 18. Cessna posted a $23 million loss in the quarter, compared with a $30 million profit a year ago. The third-quarter results follow a $50 million loss in the second quarter, when deliveries plummeted by 50% to 20 business jets. Textron Chairman and CEO Scott Donnelly, ...


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