Higher CJ4 Costs Contribute To ‘Disappointing’ 1Q Loss At Cessna
Kerry LynchApril 25, 2011
Despite steadily improving sales and flat deliveries, Cessna posted a $38 million loss in the first quarter, leading Scott Donnelly, chairman and CEO of Cessna parent Textron, to characterize the operation’s performance as below expectations and to promise that more cost-control measures are ahead...
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