Aircraft
Textron Aviation 1Q Jet Deliveries Dip, T-props Surge
Aftermarket growth bolsters revenues as manufacturer continues post-strike recovery
Textron Caravan
© Textron

Textron Aviation delivered 31 jets in the first quarter, down from 36 in the same period last year, as the manufacturer continues to recover from production disruptions caused by a labor strike in late 2024. Meanwhile, civil turboprop deliveries increased to 30 from 20 year over year, demonstrating strength in that segment despite ongoing challenges, the company reported.

The Textron division posted revenues of $1.2 billion, up $24 million from the first quarter of 2024, “largely reflecting higher aftermarket revenue of $27 million,” according to Textron Inc. CFO David Rosenberg, speaking during this morning’s earnings call. However, segment profit declined to $127 million, down $16 million from the prior year, “primarily reflecting the mix of aircraft sold, partially offset by higher aftermarket volume.”