TEXTRON AVIATION earned $193m on $1.5b revenues in 4Q23 vs $170m on $1.6b in 4Q22; and $649m on $5.4b in 2023 vs $560m on $5.1b in '22. It delivered 578 aircraft (178 jets/146 commercial turboprops) vs 631 (168/153) in '22.
GENERAL DYNAMICS AEROSPACE earned $449m on $2.7b sales in 4Q23 ($20.5b backlog) vs $337m on $2.5b in 4Q22; and $1.2b on $8.6b sales in 2023 vs $1.1b on $8.6b in 2022. GULFSTREAM delivered 111 business jets vs 120 a year ago.
Textron Aviation delivered 168 business jets during 2023, down from 178 a year ago, with projections for deliveries to increase in 2024, company officials say.
In a move to increase production capacity, Pilatus announced its plans to assume 230 employees and machinery from RUAG Aerostructures Schweiz AG in Switzerland.
Skyborne Airline Academy has signed a letter of intent with Bye Aerospace for 30 eFlyer electric training aircraft, bringing its total commitment to 40.
The sale of preowned business aircraft rose slightly in 2023, according to a survey of dealers and brokers by the International Aircraft Dealers Association.
COCOPLUM AERO SERVICES, FL says it is currently tearing down these airframes: G150; GII; GIII; GIV; G450; GV; G550; Learjet 35/45/60, Falcon 50/100; Dornier 328; Hawker 800, Challenger 300/600/601/604/605 and Global 5000.
PILATUS AIRCRAFT is acquiring workforce (230 employees) and equipment of RUAG AEROSTRUCTURES SCHWEIZ, which produces parts/components its aircraft, including PC-21 fuselages and PC-12 horizontal stabilizers, from 2Q24.
Operators should expect strict parking restrictions, Prior Permission Required requirements (PPRs), traffic delays and potentially “eye watering special event fees," according to the OpsGroup.