Susanna Ray
Textron forecasts full-year profit that tops estimates
MONTREAL - Textron Inc. forecast higher 2012 profit than analysts estimated as demand for its Cessna aircraft recovers and Bell helicopter sales grow.
Earnings from...
Textron CEO Donnelly to lead Cessna unit as Pelton departs
SEATTLE - Textron Inc. said CEO Scott Donnelly will run the company’s Cessna Aircraft unit until a replacement is found for Jack Pelton, who...
Textron posts fourth-quarter profit as business-jet deliveries rise
PROVIDENCE - Textron Inc., the maker of Cessna planes and Bell helicopters, posted a fourth-quarter profit as business-jet deliveries rose and rotorcraft prices increased.
Net...
Textron reports 3Q net loss of $48 million on Canadian finance-asset...
PROVIDENCE - Textron Inc., the maker of Cessna planes and Bell helicopters, said it had a third-quarter net loss after liquidating Canadian finance assets.
The...
Cessna stretches Citation X model with Garmin cockpit, not Honeywell
PROVIDENCE - Textron Inc.’s Cessna unit, boosting research spending to prepare for a recovery in the corporate-aircraft market, is stretching and upgrading its Citation...
U.S. airline delays worsened in May, for 5th month
U.S. airline delays worsened in May for a fifth straight month, and the passenger-complaint rate surged 45 percent, the Transportation Department said.
Only 77.9 percent...
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