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Why delivery milestones matter – Corporate Jet Investor

Why delivery milestones matter Manufacturers have been celebrating a lot of delivery milestones last week. Bombardier delivered the 50th Global 7500; Gulfstream the 100th G500/G600 family jet; and Textron Aviation its 1,000th 560XL jet series (Cessna Citation Excel, Cessna Citation XLS and Cessna Citation XLS+ models). The G500 only entered service in September 2018 and the G600 in August 2019. The first Global 7500 was delivered in December 2018. Delivery announcements are more than just a chance to issue a press release. Reaching 50 or more deliveries reassures potential customers that the aircraft is a success. “When I was selling new Hawkers, there were major flight departments that had arbitrary numbers of 50 to 100 units before they wanted to buy,” says Mike McCracken, of Hawkeye Aircraft Acquisitions.

Evergy, Textron listed among companies paying zero corporate income tax in 2020

Evergy, Textron listed among companies paying zero corporate income tax in 2020
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Flight Tests Beckon For GE Catalyst Turboprop | Aviation Week Network

Share April 07, 2021 Fitted with a Catalyst turboprop on the left wing, GE’s King Air 350 has been converted into a flying testbed with high-speed data-acquisition systems in Germany, in conjunction with the Czech Technical University Center of Aviation and Space Technology. Credit: GE Aviation The Catalyst turboprop, GE Aviation’s new small-engine program, is entering the homestretch toward flight testing, certification and initial installation on Textron Aviation’s Cessna Denali turboprop single. Delayed by more-extensive certification requirements than originally expected and by. Flight Tests Beckon For GE Catalyst Turboprop is available to both  Aviation Week & Space Technology and AWIN subscribers.

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