Orders Boost TextAv Backlog, But Deliveries Dip in Q3 | Aviation International News

Orders Boost TextAv Backlog, But Deliveries Dip in Q3

Turboprop deliveries were down while jet deliveries remained stable.

Textron Aviation expects its order book to continue to grow as NetJets begins to firm orders for the Longitude.

By Kerry Lynch • Editor, AIN monthly magazine

October 19, 2018

Textron Aviation’s third-quarter revenues dipped 2 percent to $1.1 billion as commercial turboprop deliveries fell from 57 to 43 in the most recent quarter. Business jet deliveries held steady at 41 in the third quarter of 2018 and backlog jumped by $200 million in the quarter—a gain that Scott Donnelly, chairman and CEO of Textron Aviation parent Textron, said reflects a strengthening market across the board for its product line. The unit ended with a $1.8 billion backlog, up 80 percent from where it was in late 2016 and early 2017.

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