Textron Sees Mixed Deliveries, Lower Profit in Q4
Waning demand for legacy Citation jets and price inflation contributed to a 21 percent profit drop at Textron Aviation in the fourth quarter.
Textron Aviation delivered its first 13 Cessna Citation Longitude super-midsize twins in the fourth quarter of 2019. (Photo: Textron Aviation)
Textron Aviation delivered its first 13 Cessna Citation Longitude super-midsize twins in the fourth quarter of 2019. (Photo: Textron Aviation)