Cancellations Depress Cessna Revenues
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Kerry Lynch
Aircraft cancellations continued to soar as Cessna Aircraft revenues dropped 42 percent, or by $630 million, in the second quarter of 2009, said Cessna parent Textron last week. Textron executives, however, were much more upbeat about the Bell Helicopter unit, which "delivered strong performance," said Chairman and CEO Lewis Campbell....
Cancellations Depress Cessna Revenues