Cessna’s Backlog Primarily Comprises 2007-2008 Orders, Analyst Says
Cessna’s backlog primarily comprises orders taken in 2007 and 2008, Bank of America Merrill Lynch analyst Ronald Epstein reports, adding that most of the deferrals and cancellations also have come from that time period. Cessna maintains that the light- and medium-jet market is still a spot market...
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