Continued weakness in the turboprop market between April and June contributed to a $25 million fall in revenues for Textron Aviation, to $1.17 billion. However, the slide was partially offset by higher business jet deliveries and firmer pricing on new aircraft.
Textron Aviation has delivered its first fully configured Hawker 400XPR light business jet from its service centre in Wichita, Kansas to an unnamed Seattle-based company. The handover of the modified 400XP comes 10 months after the XPR upgrade package secured US certification.
EasyJet and Ryanair have both expressed interest in the Alitalia sale process which could either mean that they are keen to have opportunistic peek at their ailing rival's books, or that they are genuinely considering bids for the Italian flag carrier.