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Demand for light business jets improves in 1st quarter

from Flightglobal

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. more

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