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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 ...
Cessna produced its 100,000th single-engine airplane in 1975. [21] In 1985, Cessna ceased to be an independent company. It was purchased by General Dynamics Corporation and became a wholly owned subsidiary. Production of the Cessna Caravan began. [22] General Dynamics in turn sold Cessna to Textron in 1992. [23] Columbia-designed Cessna 350
In 1986, owing to product-liability lawsuits, Cessna, McCauley's parent company and principal customer, stopped producing propeller-driven aircraft (except for the Cessna Caravan) and McCauley's sales fell. [13] In February, 1992, McCauley parent company, Cessna Aircraft, was sold by its parent company, General Dynamics, to Textron, Inc. [14]
The Beechcraft Denali, [3] also known as the Model 220 [2] and previously the Cessna Denali and Textron "Single Engine Turboprop" (SETP), is an American single engine turboprop aircraft under development by Textron Aviation. Announced at EAA AirVenture Oshkosh 2015, the aircraft is a completely new design, not derived from any existing aircraft ...
The Cessna 400, marketed as the Cessna TTx, is a single-engine, fixed-gear, low-wing general aviation aircraft built from composite materials by Cessna Aircraft. [1] The Cessna 400 was originally built by Columbia Aircraft as the Columbia 400 until December 2007. [2] From 2013, the aircraft was built as the Cessna TTx Model T240.
Introduced in 1953, it is commonly used on light aircraft such as the Cessna 172 and Piper Cherokee, and remains in production as of 2024. Different variants are rated for 150 or 160 horsepower (112 or 119 kilowatts). [1]
The Cessna 408 SkyCourier is an American utility aircraft designed and built by the Cessna division of Textron Aviation. It was launched on November 28, 2017, with an order for 50 from FedEx Express, with the aircraft designed for the needs of its FedEx Feeder service. It made its first flight on May 17, 2020, and was type certified on March 11 ...
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