Aircraft
Textron Aviation Poised for Growth in 2016
Citation deliveries could near 200 in 2016, while revenues are projected to climb to $5.1 billion.
A ramp up in shipments of the Cessna Citation Latitude will bump up overall deliveries and revenues at Textron Aviation this year. The manufacturer handed over four of the midsize jets in the fourth quarter of 2015, but plans to deliver 30 of them to customers this year. (Photo: Textron Aviation)
A ramp up in shipments of the Cessna Citation Latitude will bump up overall deliveries and revenues at Textron Aviation this year. The manufacturer handed over four of the midsize jets in the fourth quarter of 2015, but plans to deliver 30 of them to customers this year. (Photo: Textron Aviation)

Textron Aviation will see “solid growth” this year as deliveries ramp up for the new Cessna Citation Latitude, Textron chairman and CEO Scott Donnelly told investors this morning during a quarterly conference call. Last year, the Wichita-based aircraft manufacturer shipped 166 Cessna Citations and 117 King Airs, up from 159 and 113, respectively, in 2014. With about 30 Latitudes expected to be handed over this year, Citation deliveries could reach nearly 200 by year-end, he said.