Textron Aviation Holds Firm on Bizjet Pricing in Flat Market | Aviation International News

Textron Aviation Holds Firm on Bizjet Pricing in Flat Market

Third-quarter revenues at Textron Aviation fell $44 million year-over-year, as it delivered 41 Citations and 24 King Airs.

By Chad Trautvetter • Online Editor

October 19, 2017

Third-quarter revenues at Textron Aviation fell $44 million year-over-year, to $1.154 billion, as it delivered 41 Citations, unchanged from a year ago, and five fewer King Airs, at 24. The Textron division recorded a profit of $93 million in the third quarter, a $7 million decrease from third-quarter 2016 due to “unfavorable performance and lower volume and mix, partially offset by a favorable impact from pricing.”

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