Textron Aviation Q2 Deliveries, Revenue Drop | Aviation International News

Textron Aviation Q2 Deliveries, Revenue Drop

Parent company chief attributes fewer Beechcraft and Cessna deliveries to threat of tariffs, economic concerns.

Type certification of the Cessna Citation Longitude is expected in the third quarter of 2019, Textron Inc. CEO Scott Donnelly told analysts on a conference call today. (Photo: Textron Aviation)

By Jerry Siebenmark • Senior Editor

July 17, 2019

Textron Aviation saw a surprising drop in turboprop and jet deliveries in the second quarter, leading to a 15 percent decline in revenue, parent company Textron announced today. In all, the Wichita-based manufacturer of Beechcraft and Cessna aircraft delivered two fewer business jets and 14 fewer turboprops from second-quarter 2018, leading to a $153 million decline in revenue, to $1.1 billion. Despite the lower deliveries—46 jets and 34 turboprops—its quarterly profit increased by $1 million from a year ago.

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.

Become a Member

Already a member? Sign In

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

Baggage Floor Removal Vexing for Lear Jet Restoration

The group looks to return Lear 23-003 to flight

the baggage floor in Lear 23-003

Joby eVTOL Begins Week of Flights across North Texas

Project Nexus makes first flights under the FAA’s eVTOL Integration Pilot Program

Joby’s eVTOL air taxi prototype sits on the ramp at Perot Field

Bombardier Global 8000 Earns UK London City Approval

Approval eases access to central London

Bombardier Global 8000

Netherlands Opts for Its Inaugural AEW&C Aircraft

Bilateral capability with Sweden marks nation’s first AEW&C acquisition

GlobalEye

FAA Grants Special Airworthiness Certificate for eFlyer

Bye Aerospace’s prototype is ready for flight testing

Rod Zastrow, Bye Aerospace CEO

France Receives Its First Falcon Albatros Patrol Jets

Dassault based the maritime patrol aircraft on the Falcon 2000LXS

A Dassault Aviation Falcon 2000LXS Albatros maritime surveillance aircraft flies over a coastal area.