Cessna luxury jet on drawing boards signals Textron rebound

TEXTRON INC. is betting that the U.S. luxury aviation market is finally emerging from a recession-era collapse.
TEXTRON INC. is betting that the U.S. luxury aviation market is finally emerging from a recession-era collapse.
CHICAGO - Development teams are hard at work on a new, under-the-wraps Cessna jet as parent Textron Inc. bets the U.S. luxury aviation market is finally emerging from a recession-era collapse. Growth is back in focus at Textron, which makes Cessnas, Bell helicopters and E-Z-Go golf carts. Scott Donnelly, CEO of the $12.6 billion manufacturer,…

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