Textron President and CEO Scott Donnelly, while offering analysts some optimism that sales of Cessna light and mid-size models are starting to pick up, is less confident about the potential for renewed orders from fractional aircraft ownership providers – which had been a staple in the business jet backlogs. Cessna affiliate and fractional ownership provider CitationAir has seen “a little bit of uptick” as far as customers returning, he says. “But we have to recognize that there’s a lot of ...
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