Textron Sees Continued Stabilization For Business Jets | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.01.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-12.03.25

Airborne-FltTraining-12.04.25

AirborneUnlimited-12.05.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Sat, Dec 19, 2009

Textron Sees Continued Stabilization For Business Jets

Forecast Despite Continued Cancellations of Out-year Orders

Textron's Cessna business unit continues to see stabilization in the business jet market, the company announced Thursday. Cessna management has observed that availability of used aircraft is declining, customer utilization of the existing fleet has stabilized, availability of financing is improving and customer inquiries for new orders are beginning to increase.

At the same time, Cessna has continued efforts with customers to clarify the status of long-term orders remaining in backlog. The company has been in discussions with a large customer concerning the cancellation of about $1.1 billion of jets it had on order with Cessna. None of these aircraft were planned for delivery through 2012.

The company expects that cancellations in the fourth quarter will reduce backlog by a total of approximately $1.7 billion. These cancellations are not expected to have a material impact on planned deliveries through 2012.

The company will provide its outlook for 2010 business jet deliveries when it releases earnings on January 28.

FMI: www.cessna.com, www.textron.com

Advertisement

More News

ANN's Daily Aero-Linx (12.03.25)

Aero Linx: American Aviation Historical Society AAHS is dedicated to the preservation and dissemination of the rich heritage of American aviation. Our purpose is to collect, preser>[...]

ANN's Daily Aero-Term (12.03.25): CrewMember (UAS)

CrewMember (UAS) A person assigned to perform an operational duty. A UAS crewmember includes the remote pilot in command, the person manipulating the controls, and visual observers>[...]

NTSB Prelim: Maule M-7-235A

Immediately After The Right Main Tire Contacted The Runway Surface, The Right Main Landing Gear Failed On October 31, 2025, at about 1227 Pacific daylight time, a Maule M-7-235A, N>[...]

Airborne-Flight Training 12.04.25: Ldg Fee Danger, Av Mental Health, PC-7 MKX

Also: IAE Acquires Diamond Trainers, Army Drones, FedEx Pilots Warning, DA62 MPP To Dresden Tech Uni The danger to the flight training industry and our future pilots is clear. Dona>[...]

Aero-News: Quote of the Day (12.04.25)

"On December 3, 2025, at approximately 10:45 a.m., a Thunderbird pilot ejected safely from a F-16C Fighting Falcon aircraft during a training mission over controlled airspace in Ca>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC