Buoyed by its Bell and Cessna properties, Textron reported second-quarter profits up 23 percent from the same period last year, chairman, president and CEO Lewis Campbell announced last month. Pointing to a backlog of 1,638 business jets at Cessna, Textron reaffirmed its outlook for the remainder of this year and forecast a solid market for the Citation line through 2011.
Cessna last month said it is about a month away from delivering the 100th Citation Mustang, since deliveries began in December 2006. The company reports that more than half of the in-service very light jets are in the hands of international owners and operators. Last year, Cessna shipped 45 Mustangs and it expects to deliver 100 this year, 60 of them slated for international customers.
As the detail design phase for the large-cabin Columbus picks up speed, Cessna has expanded the program team to 500 people, up from 150. While the team completes the Columbus “architecture and layout planning so that the aircraft’s detail plans will merge into a master development schedule,” Cessna has revealed more of the suppliers that will build major parts of the airframe.
Cessna’s workhorse turboprop single Caravan has appeared in just about as many guises as the X-Men, and with some of the same versatility. It hauls cargo, performs as an emergency medical vehicle, transports up to 13 passengers in a scheduled carrier role, takes fishermen into the Alaskan wilderness on floats and “dresses up” to carry nine company executives nearly 1,000 miles.
A Superior Court of Arizona judge has dismissed a multimillion-dollar lawsuit against Cessna stemming from the crash of a 1980 Model 210 in October 2000 that killed the pilot and his wife. In rejecting the suit, the judge cited the General Aviation Revitalization Act (GARA) of 1994, which protects general aviation manufacturers from most product-liability claims involving airplanes more than 18 years old.
Buoyed by its Bell and Cessna properties, Textron recorded second-quarter profits up 23 percent from the same period last year, the company announced at a conference call this morning. Pointing to a backlog at Cessna of 1,638 business jets, Textron reaffirmed its outlook for the remainder of 2008 and forecast a solid market for the Citation line into 2011.
Bell Helicopter (Chalet L3-7) here in a press conference yesterday strongly hinted the company is about to transfer more work to partner AgustaWestland in the protracted BA609 Tiltrotor program. “We are looking for the most efficient way to get the aircraft certified and we’ll possibly find some efficiencies in Italy,” Mike Blake, executive v-p for customer solutions, said. While one test aircraft resides
The University of North Dakota placed an order with Cessna for 25 Skyhawks, marking a return of the model to the school’s flight program. The first four airplanes were delivered to UND Aerospace, the university’s aviation department, during a ceremony on July 10 at Cessna’s manufacturing plant in Independence, Kansas.
In spite of the sagging U.S. economy, global credit crisis and record oil prices, business jet maker Cessna said sales activity remains strong as the cumulative effects of the weak dollar and stepped-up demand from international buyers help to offset such concerns.
Bell Helicopter will likely confirm another one-year delay for the civil BA609 Tiltrotor program during a press conference here today, judging by a new development schedule released by program partner AgustaWestland. This year, the company expects a postponement of certification from “2010/2011,” as announced in June 2007, to “2011/early 2012.”