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Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands. [ 32 ] Beechcraft Corporation is an American manufacturer of general aviation and military aircraft , ranging from light, single-engined aircraft to twin-engined turboprop transports and ...
Textron, which makes Beechcraft, Cessna and Hawker planes and jets, is one of the largest employers in Wichita. Workers are now on their 10th day of striking. The union represents roughly 5,000 ...
Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron , Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas , United States as well as commercial helicopters in Mirabel, Quebec , Canada .
Textron Aviation is extending its fleet agreement with NetJets and plans to deliver as many as 1,500 more Cessna Citation business jets over the next 15 years, the Wichita-based manufacturer ...
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The Model 408 was launched on November 28, 2017, by Textron Aviation, with an introduction planned for 2020, as a FAR Part 23 type certified design. [4] [5] Like the earlier Cessna 208 Caravan, the 408's design was developed with FedEx Express to match the needs of FedEx Feeder service; FedEx requested an aircraft that could haul 6,000 lb (2,700 kg), twice the payload of the 208, and could ...
Rick Haugen started putting aside $20 a week four years ago for this moment, just in case. The 54-year-old has been with Textron Aviation for 26 years but this is the first time he’s had to go ...