Industry news remains mostly bleak
In the business aviation industry, signs of a recovery remain mixed at best.

In the business aviation industry, signs of a recovery remain mixed at best. There is some good news, but for the most part the industry seems still to be wondering if there is a bottom.

Lewis Campbell, chairman and CEO of Cessna parent company Textron, recently put a positive spin on the economic crisis, saying that the business strategy at Cessna remains “rock solid.” One aspect of that strategy, he explained, is research and development to ensure that the airframer is off and running when the economy improves. Another is to continue selling the Citation Mustang entry-level jet to add to a loyal customer base that will move up in better times.