U.S. BUSINESS JET DEPARTURES IMPROVED STEADILY SINCE MIDDLE OF ’09, ANALYST SAYSCESSNA’S NEAR-TERM OUTLOOK DRAWS MIXED REACTION FROM ANALYSTSTSA TO HOLD FIRST GA SECURITY WORKING GROUP MARCH 9-10
CESSNA has drawn a mixed reaction from analysts for its near-term outlook. Analysts worry that its mix of aircraft deliveries this year – with a number of lower-margin Citation Mustangs and new CJ4s – could dampen earnings. Analyst Stifel Nicolaus noted that Textron officials estimate that Cessna...
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