Textron Delivers More Bizjets, Fewer King Airs in 2Q17 | Aviation International News

Textron Delivers More Bizjets, Fewer King Airs in 2Q17

The division recorded a $54 million profit in the second quarter versus $81 million a year ago, primarily due to lower volume and mix.

The Cessna Citation Latitude, one of the newest additions at Textron Aviation, is helping to boost jet deliveries at the company. (Photo: Textron Aviation)

By Chad Trautvetter • Online Editor

July 19, 2017

Second-quarter revenues at Textron Aviation fell $25 million year-over-year, to $1.171 billion, due in part to fewer King Air deliveries and partially offset by higher business jet volume and firmer pricing, Textron chairman and CEO Scott Donnelly said this morning during an investor call. The division recorded a $54 million profit in the second quarter versus $81 million a year ago, primarily due to lower volume and less favorable mix.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

ACJ: Strong Large-aircraft Market Growth Ahead in Asia

Research finds most financiers and brokers in Asia see market demand increasing

Airbus Corporate Jets ACJTwoTwenty

Britten-Norman Targets Eight New-build Islanders Annually

UK production expansion follows inaugural flight of latest Bembridge-built unit

Britten-Norman Islander

Bizjet Market Value To Reach $60B per Year in Next Decade

Market estimated to grow from $27 billion in 2025 to more than $60.5 billion

Phenom 100

Atlas Will Build Electra’s EL9 Hybrid-electric Prototypes

Wichita-based aerospace manufacturing group has partnered with the U.S. start-up

Electra EL9 aircraft

Honda Aircraft Finishes Echelon Wing, Delays 1st Flight

Final assembly of the first jet will take place early next year

Honda Aircraft team and the Echelon wing

Cape Air To Add Eight Caravans for Montana Service

Will introduce aircraft in 2027 to the Montana network

Textron Aviation Cessna Grand Caravan EX

The 25th Anniversary of 9/11: How it Changed Airbus and Boeing

The fall-out from the terror attacks was to have short- and long-term consequences

Boeing Sonic Cruiser

Will Embraer Go Big by Developing a Large Narrowbody Jet?

Industry experts privately debate whether the Brazilian airframer can take the risk

Embraer E195-E2 aircraft