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...Analysts at Jefferies this week predicted that two Wichita companies, Textron and Spirit AeroSystems, would be hit hard by staff departures after the mandate....
...According to Rob Scholl, senior vice-president of sales and flight operations, Wichita-based Textron Aviation is “seeing positive interest and demand, primarily in our turboprops and light jets....
...Expect the likes of Bombardier, Textron Aviation’s Cessna and Embraer to suffer....
...Scott Donnelly, Textron’s chief executive, said on the group’s third-quarter earnings call that the US-China trade negotiations and Brexit were weighing on decision makers....
...executives say the system has been especially problematic in India, where a lack of reliable local partners and heavy bureaucracy has made it difficult for companies such as Boeing, Lockheed Martin and Textron...
...Cessna is built by aviation conglomerate Textron; Gulfstream is owned by aerospace and defence giant General Dynamics; while Brazil’s Embraer also operates in the commercial and military aircraft sectors...
...A decline in military volume weighed on Textron’s Bell division in the latest quarter....
...Last week, Textron, the company behind Cessna jets and Bell helicopters, cited strengthening demand for business jets for a better than expected quarterly profit....
...Textron has been subject of break-up speculation in the past because of its conglomerate structure....
A recovery in orders follows several years of muted demand
...“The Mustang was originally pitched at owner-pilots,” says Tom Perry, Textron’s vice-president for sales in Europe....
Magnificent nerds and their new electric flying machines face battery-life problems
...Some of the broader contractors — such as Boeing and United Technologies, where defence is only a part of their business — dipped slightly, but L3 Technologies, Textron, Rockwell Collins and General Dynamics...
Ride-hailing group teams up with aircraft makers to get dream off the ground
...These include Airbus, Boeing, Lockheed Martin and Honeywell for being involved in the production of nuclear weapons; General Dynamics and Textron for cluster munitions; and British American Tobacco, Imperial...
...Textron Aviation’s special mission division employs more than 70 people....
...Textron is the group that includes classic US aviation names such as Cessna and Beechcraft. It manufactures the long-established King Air twin turboprop that covers shorter distances....
...Cai von Rumohr, an analyst at Cowen and Co, said the job cuts underscored tough conditions in the business jet market and the potential for a sale of its Lear jet unit to Textron, a rival manufacturer....
...Hawker Beechcraft has already been a casualty and as a result fell into Textron’s grasp....
...Aerospace and defence conglomerate Textron flew higher on Wednesday on an upgrade from Citi as Wall Street rebounded from a weak start to September....
...Scott Donnelly, chief executive of Textron, Cessna’s parent, told investors during the third-quarter earnings call that he was “reasonably happy” with the US market for business jets....
...AgustaWestland’s AW189, Airbus’s EC175 and the 525 from Textron’s Bell Helicopter all fit into the so-called “super-medium” gap between Sikorsky’s two models....
...Hawker Beechcraft’s fall from grace was complete in 2014 when was it bought by Textron, Cessna’s parent....
Possible move comes after European aerospace group loses $2bn helicopter contract to rival
...CitationAir, the fractional ownership operation of Cessna, the aircraft manufacturer that is part of Textron, ceased all operations on October 31 last year, owing to tough market conditions....
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