Aircraft
Cessna Plans ‘Strategic’ Price Increases on Single-engine Line
Cessna CEO Scott Ernest presents the EAA Young Eagles program with a $100,000 check. (Photo: Mark Huber)
Cessna CEO Scott Ernest presents the EAA Young Eagles program with a $100,000 check. (Photo: Mark Huber)

Cessna Aircraft’s single-engine line is likely to experience price hikes as the company seeks to improve profit margins on all of its aircraft, even as sales of some models slump. That was the word from Cessna vice president Jodi Noah here at EAA AirVenture in Oshkosh, Wis., on Monday. “We will be pursuing price increases on a few of the different products primarily because we want to be able to offer the different products in our line-up. Over the years we haven’t necessarily been profitable on some of them, so we are working very hard to get every product to have profitable space so we know we have the ability to go forward. So there will be some strategic price increases on some of the products coming in 2015,” Noah said.

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