Demand for light business jets improves in 1st quarter
Corporate earnings reports have provided fresh evidence of improving market conditions in the long-depressed light jet segment in the first quarter, but not enough yet to raise deliveries. Textron chief executive Scott Donnelly, who manages Cessna and now Beechcraft, recalled how only a year ago Cessna had to reduce Citation Jet production rates, as all the market signs continued to point to lower demand for small, twin-engined aircraft.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063