Aircraft
Textron Jet Deliveries Up, but Pricing Dampens Profits
Textron Aviation’s profits dipped 9 percent despite an increase in business jet deliveries and 6 percent increase in revenues.

Latitude pricing pressures and increased development spending on the Longitude contributed to a 9 percent dip in Textron Aviation’s second quarter profits. This drop came despite an increase in business jet deliveries and more than 6 percent increase in revenues, Textron reported today.


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