Textron

February 6, 2013 - 4:39am

 

Cessna sees growing demand in India for both its Caravan and Citation families. The U.S. manufacturer believes that business applications for the aircraft will increase in response to anticipated government reforms intended to improve infrastructure and free up market access.

January 29, 2013 - 3:20pm

Astronics’ Max-Viz 600 enhanced vision system has received a Cessna Aircraft Service Bulletin for retrofit installation in recently delivered Cessna Skyhawks, Skylanes and Stationairs. The retrofit, available from Cessna for retrofit by Cessna-authorized service centers, is approved by the FAA and EASA. The Max-Viz 600 and its higher-end sibling, the Model 1500, are already STC’d for a long list of business jets and turboprops, as well as helicopters.

January 24, 2013 - 3:43pm

Cessna Aircraft and Bell Helicopter parent company Textron yesterday reported a $1 billion increase in revenues, to $12.237 billion, last year, but it was the performance at Bell that contributed most to this gain. Manufacturing profits also rose by more than $140 million, to $1.07 billion, again mostly due to the helicopter manufacturer.

January 23, 2013 - 2:00pm

Bell Helicopter Asia, Bell’s maintenance service facility in Singapore, received Part 145 approval from the Civil Aviation Authority of Singapore. This certification allows the company to repair, complete, maintain and customize Bell helicopters in Asia. The 165,000-sq-ft facility opened its doors six months ago in partnership with sister company Cessna Aircraft.

January 10, 2013 - 3:05pm

The scale and value of anticipated charter bookings for the rest of January and into early next month has taken a predictable dip after the busy Christmas and New Year period.

January 10, 2013 - 2:35pm

Cessna Aircraft has started production of the Citation M2 at its Independence, Kan. facility, the company announced today. The front and aft cabin assemblies for the light business jet, which is a derivative of the out-of-production CJ1, are built at Cessna’s Wichita facility and then transported to Independence for final assembly and delivery. S/N 800, a demonstrator aircraft, is slated to roll off the assembly line in April.

December 21, 2012 - 1:11pm

Cessna Aircraft plans to expand its network of “factory-owned, authorized service centers (ASCs)” to 15, by acquiring Jet Aviation’s maintenance, repair and overhaul (MRO) facilities in Dusseldorf, Germany, and Zurich, Switzerland. Both facilities, which will represent the fifth and sixth such facilities in Europe, are currently independent Citation service centers.

December 20, 2012 - 2:35pm

Textron subsidiary Bell Helicopter announced today that it will invest more than $10 million to expand its completion and customer delivery facilities in Piney Flats, Tenn. The additions will include the purchase of a 150,000-sq-ft building adjacent to the site that will house customization and completions of light and medium aircraft as well as the site’s shipping and receiving operations. The project is expected to add approximately 125 new jobs at the location.

December 18, 2012 - 2:45pm

JP Morgan is stirring the Hawker Beechcraft bankruptcy pot, suggesting in its December Aerospace and Defense: Balance of Power report that “acquisition of the company is still possible.” The financial services company named Embraer, Textron (parent of Cessna and Bell Helicopter) and General Dynamics (Gulfstream and Jet Aviation) as entities that might benefit from such a deal.

The analyst added, “We anticipate that other companies may be interested in acquiring Beechcraft if the price is right as we see a good strategic fit in several cases.”

December 11, 2012 - 9:09am

A senior AgustaWestland executive told AIN late last week that the company was giving serious consideration to building production models of the AW609 civil tiltrotor in the U.S., possibly in Texas. Robert LaBelle, managing director of the AgustaWestland Tilt-Rotor Co., said the aircraft initially would be built partially in Italy and the U.S., but that the ultimate decision on where to conduct final assembly would be “driven by the customer base” and that “35 percent of that is predicted to be in the United States.”

 
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