Revenue, profit up at Cessna Aircraft; Textron posts fourth-quarter loss
Cessna Aircraft’s parent company, Textron, reported a loss of $19 million for the 2011 fourth quarter on revenue of $3.25 billion.
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Cessna Aircraft’s parent company, Textron, reported a loss of $19 million for the 2011 fourth quarter on revenue of $3.25 billion.
Bombardier Aerospace delivered 245 airplanes during 2011, including163 business jets, 33 of which were Wichita-built Learjets, the company said Monday.
More than 1,100 workers who helped build the Boeings new 787 Dreamliner toured the aircraft Saturday as its worldwide tour made a stop in Wichita.
Boeing plans to increase the amount it spends with Kansas suppliers by 50 percent over the next three years, a company official said this week.
After a delay Friday morning due to snow and ice in Seattle, Boeing’s new 787 Dreamliner landed in Wichita just before 4 p.m., part of Boeing’s six-month worldwide Dream Tour for the 787.
American Airlines contributed only $6.5 million of the $100 million that it was supposed to pay into employee pension plans this week.
B&B Airparts is poised for substantial growth because of a long-term supply agreement with Honda Aircraft, the car giant’s aircraft division.
Airbus took in a record number of orders for new commercial aircraft last year as strong demand for its revamped single-aisle plane helped it best fierce U.S. rival Boeing Co. in the race for orders for the fourth year running.
Had Boeing secured a controversial Air Force tanker contract during an earlier round of bidding, the company would not be closing its Wichita facility, analysts and a tanker advocate said.
The country’s largest low-fare carrier will finally arrive in Wichita.
The Pentagon has canceled a 10-year-old program that has Boeing upgrading C-130 Hercules transports with modern cockpit electronics, according to two government officials.
In March, U.S. Department of Transportation Secretary Ray LaHood visited Cessna Aircraft and praised Wichita’s general aviation industry.
Cessna Aircraft’s parent company, Textron, has undertaken a strategic review of the company that could include the option of spinning off some of its business, sources have told Reuters.
In March, U.S. Department of Transportation Secretary Ray LaHood visited Wichita and praised the city’s general aviation industry.
Boeing Co. plans to build its new 737 MAX, an upgrade of the world’s most widely flown jet, alongside the current model, hoping the efficiencies created will allow the company to almost double output in the same space.
Gov. Sam Brownback hailed Bombardier Learjet’s expansion as good for the company, the community and the state.
Gov. Sam Brownback will visit Bombardier Learjet today to announce an incentive package that will help the site make room for Bombardier’s newest business jet, the Learjet 85.
When American Airlines parent AMR Corp. filed for Chapter 11 bankruptcy reorganization last month, the finger of blame was primarily pointed at the company’s workers.
Hawker Beechcraft CEO Bill Boisture and U.S. Rep. Mike Pompeo delivered a unified message Friday at a news conference inside a company hangar in east Wichita:
With its 48-foot-high roof and loft-like openness, Britt Brown Arena at the former Kansas Coliseum complex is a perfect place for the National Institute for Aviation Research to take on more full-scale structural testing for clients, its executive director said Friday.