HBC, CESSNA BACKLOGS POISED FOR $4.3 BILLION HIT; MORE BAD NEWS FOR HAWKER 4000

NetJets’ economic woes have continued to mount, forcing the Columbus, Ohio-based fractional ownership provider to cancel most of the orders it had on hand with Hawker Beechcraft, and possibly numerous others at Cessna. Cessna parent Textron confirmed Friday that Cessna has been in discussions with...

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