Textron plans to cut a total of 725 positions at its Bell, Industrial and Textron Systems divisions in a restructuring plan aimed at reducing operating expenses.
Baltic Aviation Academy, based in Lithuania, has placed an order with Textron Aviation for 48 Cessna 172 Skyhawk single-engine aircraft, with delivery in 2026.
Textron Aviation delivered a “strong” third quarter (Q3), shipping 39 business jets, flat with a year ago, and 38 commercial turboprops, up from 33 a year ago.
Whether it's battery-electric, hybrid-electric or hydrogen-electric, operators look set to have a choice of sustainable propulsion to replace the Caravan’s.
Textron Aviation's Ron Draper discusses market trends, show security and bizav’s future ahead of this year's NBAA Business Convention & Exhibition (NBAA-BACE).
Jeremy Kariuki, Aviation Week associate editor for business aviation, and Molly McMillin, managing editor for business aviation, discuss the agreement.