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Tag "Scott Donnelly"

Longitude bumps up Cessna fourth quarter deliveries

Longitude bumps up Cessna fourth quarter deliveries

Deliveries of Cessna’s new Citation Longitude helped the company’s fourth-quarter 2019 deliveries jump up by 12.7%, compared with the same period last year. Cessna delivered a total of 71 business jets during the quarter, versus 63 in the fourth quarter

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Lightning strikes twice, as Cessna puts Hemisphere on hold

Lightning strikes twice, as Cessna puts Hemisphere on hold

Cessna says that it is putting the development of its new Citation Hemisphere business jet “on hold”, due to a lack of progress on the Safran Silvercrest engines that were due to power it. Scott Donnelly, chairman and CEO of

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Cessna bets on Silvercrest fix for Hemisphere future

Cessna bets on Silvercrest fix for Hemisphere future

Cessna says that the future of its new Citation Hemisphere business jet depends on a fix that Safran is working on for the Silvercrest engines that power it. Safran discovered a new issue with the Silvercrest during high-altitude testing in

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Business aviation’s lost decade

Business aviation’s lost decade

In 2013 Citigroup issued a depressing piece of research suggesting that the business jet market faced a “lost decade” of flat deliveries. It argued that manufacturers had built too many aircraft during the 2000s boom – so the next 10 years

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Textron to adjust Citation production rates in 2017

Textron to adjust Citation production rates in 2017

Textron Aviation says it will adjust production rates of some of its Cessna business jets, as it faces pricing pressure from prospective customers. The company says that although there are potential clients for the aircraft, the price point that they

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Cessna Goes Large With Citation Hemisphere

Cessna Goes Large With Citation Hemisphere

NOTE: The below originally appeared as the editorial in our November 17 One Minute Week newsletter. To find out more, and sign up for free, please click here.   Today’s launch of the Cessna Hemisphere is a genuinely exciting one

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Profits rise at Textron Aviation

Profits rise at Textron Aviation

Revenues at Textron Aviation were up $266 million for its first quarter mainly thanks to its acquisition of Beechcraft  last year. Textron Aviation delivered 33 new jets in the quarter, down three from 35 jets in the first quarter of

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Textron Aviation deliver 36 business jets in second quarter

Textron Aviation deliver 36 business jets in second quarter

Textron Aviation delivered 36 business jets during a second quarter that CEO Scott Donnelly describes as ‘stable’. The Cessna arm of Textron Aviation delivered 36 business jets during the second quarter of 2014, up from 20 units for the same

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Bell delivered 213 commercial helicopters in 2013

Bell delivered 213 commercial helicopters in 2013

Bell ends 2014 with a strong fourth quarter to bring up yearly total. Bell delivered 213 commercial helicopters throughout 2014 and 75 in the fourth quarter alone, as was reported in parent company, Textron’s latest investor call. The company’s annual

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Falling sales at Cessna means a $23m loss for third quarter

Falling sales at Cessna means a $23m loss for third quarter

No sign of upturn as Cessna makes a third quarter loss as it delivers and sells less aircraft. Cessna lost $23 million in the third quarter of 2013 compared to a profit of $30 million in the same period of

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