FW: Forward if appropriate.
Terry Savage
Cessna’s financial prospects may be perking up a bit!
J
Terry C Savage
General Manager, Light Sport Training
Flying Start Aero, Reno, Nevada
http://www.flyingstartaero.com/
Science Fiction Author
Amazon book listing: http://tinyurl.com/4og9uch
Blog: (http://jacksonsuniverse.blogspot.com/)
Twitter: (@Chaosrider2808)
Facebook: (Terry Savage, Incline Village)
From: Rick Savage [mailto:ri...@wsmedia.com]
Sent: Tuesday, April 24, 2012 11:01 AM
Textron reported a profit of $118 million for the first quarter, compared with $29 million in the same quarter in 2011. "The demand environment for our commercial aircraft and industrial products continued to improve, which reinforces our confidence in our outlook for the year," said CEO Scott Donnelly. Textron is the parent company of Cessna Aircraft and Bell Helicopter. The Wall Street Journal/Dow Jones Newswires (4/18), Bloomberg Businessweek/The Associated Press (4/18)
Cessna could acquire assets from Hawker Beechcraft:
Cessna Aircraft is interested in acquiring assets from a restructuring of Hawker Beechcraft, said Scott Donnelly, CEO of Textron, Cessna's parent company. Donnelly made the remarks during a first-quarter earnings call for Textron. The Wall Street Journal/Dow Jones Newswires (4/18)