Aircraft
Textron Aviation Closes 2018 on High Note
The Wichita airframer saw higher year-over-year jet and turboprop deliveries and a 12 percent revenue increase.

Textron Aviation closed the fourth quarter with a 12 percent increase in revenue, to $1.6 billion, on higher deliveries of 63 business jets and 67 turboprops. The 9 percent increase in jet deliveries, up from 58 in the same quarter of 2017, and 49 percent jump in turboprops, up from 45 aircraft, contributed to “a very strong quarter” at parent company Textron chairman and CEO Scott Donnelly said this morning.