Cessna Reports Increased Citation Sales and Deliveries

 - December 14, 2007, 10:33 AM

Reporting on its third-quarter results, Textron said its Cessna Aircraft unit received orders for 71 Citations, including 22 for the new CJ2+, and 13 more for CitationShares. With these orders, Textron said Cessna is totally sold out for this year. In addition, “We added 25 new orders for delivery next year, bringing the total orders at this time to 185 for next year,” or about 82 percent of next year’s delivery plan of 225 jets. The company also said it has orders in hand for 151 jets in 2006. During the quarter, Cessna delivered 47 Citations, versus 42 a year ago, bringing the first nine months’ total to only 115 shipments compared with 148 in the first nine months of last year.