Textron Aviation Aircraft Deliveries Soar in Q4
Revenue and profit also rose for Wichita-based Textron Aviation.
Cessna Citation Latitude in flight
The Cessna Citation Latitude was the most-delivered business jet among Textron Aviation's Citation product line in the fourth quarter, with 14 handed over. (Photo: Textron Aviation)

Despite ongoing supply-chain issues, Textron Aviation saw more jet and turboprop deliveries, revenue, and profit in the fourth quarter, parent company Textron reported today. Cessna Citation deliveries during the quarter totaled 52 versus 46 in the same period a year earlier while turboprop deliveries—Cessna Caravans, Beechcraft King Airs, and Cessna SkyCouriers—rose to 47, up from 43 in late 2021.

In the most recent quarter, Textron Aviation earned $1.6 billion in revenue, a $223 million year-over-year increase. Profit increased by $32 million from fourth-quarter 2021 to $169 million. Backlog was $6.4 billion at the end of 2022, up from $4.1 billion in late 2021.