Aircraft
Textron Aviation Deliveries Soar in First Quarter
Parent company's chief tells analysts Longitude deliveries won't begin until third quarter.
Textron Inc. CEO Scott Donnelly now expects deliveries of the Cessna Citation Longitude to begin in this year's third quarter, he said on an earnings call today with analysts. (Photo: Textron Aviation)
Textron Inc. CEO Scott Donnelly now expects deliveries of the Cessna Citation Longitude to begin in this year's third quarter, he said on an earnings call today with analysts. (Photo: Textron Aviation)

Textron Aviation kicked off 2019 with double-digit percentage gains in jet and turboprop deliveries, in addition to profits and revenue, parent company Textron announced today in its first-quarter 2019 earnings results. Citation deliveries for the three months ended March 31 totaled 44, a 22 percent increase over the 36 jets it shipped a year ago, while turboprop deliveries also totaled 44, up 51 percent from 29 in last year's first quarter. Aviation segment profit in the quarter was $106 million on revenue of $1.1 billion, up 47 percent and 12 percent, respectively, from a year ago.