Tag: Textron
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Cessna Citation Latitude Achieves EASA Certification and La Mole Operational Capability
Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today (16.02) announced its Cessna Citation Latitude midsize business jet has received certification from the European Aviation Safety Agency (EASA) with deliveries underway in the region. “We are thrilled to offer the Citation Latitude to our European customers,” said Kriya Shortt,…
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Cessna Showcases New Citation Longitude At NBAA 2015; Announces Large Cabin Citation Hemisphere
Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today debuted its new Cessna Citation Longitude business jet at NBAA’s Business Aviation Convention and Exhibition in Las Vegas. The company also announced it plans to enter the large business jet category with the clean sheet, 4,500-nautical mile Citation Hemisphere. The…
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TRU Simulation + Training Inc. Acquires ProFlight, LLC
TRU Simulation + Training Inc., a Textron Inc. (NYSE: TXT) company, has acquired ProFlight, LLC, a leader in innovative and advanced pilot training. Based in Carlsbad, Calif., ProFlight is an FAA-approved Part 142 training center specializing in Cessna Citation CJ Series training, Cessna Conquest Series training, and offers an innovative continuous currency program that provides…
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Textron Reports First Quarter Financial Results
Textron Inc. (NYSE: TXT) today reported first quarter 2014 income from continuing operations of $0.31 per share, compared to $0.40 per share in the first quarter of 2013. On March 14, 2014, Textron completed its acquisition of Beechcraft and recorded acquisition and restructuring costs of $16 million. The acquisition reduced first quarter income from continuing…
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Textron Completes Acquisition of Beechcraft
Textron Inc. (NYSE:TXT) today announced it has closed its acquisition of Beech Holdings, LLC, the parent of Beechcraft Corporation, and that it will bring together its Cessna business and Beechcraft to form a new segment called Textron Aviation. Cessna and Beechcraft together produced about $4.6 billion in revenues during 2013. The acquisition brings together three…
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Cessna Wins First Japanese CJ4 Deal
Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, is to deliver three Citation CJ4 business jets to the Ministry of Land, Infrastructure and Transport Civil Aviation Bureau (JCAB) through their special mission affiliate Kanematsu Corporation of Japan. This deal represents the first ever CJ4 deliveries to Japan. Bill Harris, Cessna vice president of Sales for…