Quantcast

Textron Aviation leads global private jet sales in 2024

Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
United Airlines CEO Scott Kirby says "this is the most optimistic I've been in my entire career about finally getting the FAA fixed"
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
Global Airlines & HiFly Operate 1st Passenger Airbus A380 Flight Between Barcelona And Berlin
American Airlines unveils ritzy new plane suites launching this summer
Airline Stocks To Keep An Eye On - April 28th
Gatwick Airport Faces Potential Strikes
50 New Routes Starting In May 2025
Report: JetBlue, United Mulling Partnership
New First-Class Suites, Futuristic Aircraft and the Top Air Travel News From April 2025
Southwest Airlines Announces Reimagined Fare Products, New Benefits for Rapid Rewards Credit Cardmembers and Tier Member Customers
New Alaska Airlines trading cards take flight this World Pilots’ Day - Alaska Airlines News
Textron Aviation leads global private jet sales in 2024
Policy
Webp received 1659249511390276
Ron Draper President and Chief Executive Officer, Textron Aviation | Textron Aviation

Textron Aviation emerged as the leading private jet seller in 2024, according to Private Jet Card Comparisons, with sales totaling 151 business jets. The company continues to develop aircraft for historic brands such as Cessna and Beechcraft while still supporting the Hawker fleet.

Textron Aviation maintains its position as a market leader in General Aviation. On August 13, 1927, a Cessna all-purpose aircraft took off, revolutionizing aviation with Clyde Cessna’s cantilever design. Cessna, originally a farmer and car sales representative, founded the company and invented early models.

Beechcraft was founded by Walter H. Beech and his wife Olive Ann Beech. Despite initial skepticism from peers, they focused on their ambition to build "the finest aircraft in the world." Their first aircraft, the BEECHCRAFT Model 17 biplane, saw significant sales for both civil and military use. The Beechcraft BONANZA became the longest continually developed aircraft globally, with over 18,000 units manufactured since it started production in 1947.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Since 2020, Textron Aviation has launched several iterations of the Cessna Citation series including the second and third-generation Citation M2, Citation CJ3+, Citation CJ4 Gen2, and introduced the Citation Ascend. This latest model features Garmin G5000 avionics with autothrottles and Pratt & Whitney Canada PW545D engines.

Beechcraft's updates include an upgraded Beechcraft King Air 360 turboprop and introducing the Beechcraft Denali. The Denali is equipped with a GE Catalyst engine that reduces fuel burn by up to 18% while increasing power output.

A summary of Textron Aviation's financial results for 2024 reveals:

- Q1: Shares worth $1.03; total revenue $1.2 billion; delivered 36 business

jets and 20 commercial turboprops.

- Q2: Market share worth $1.35; revenue rose to $1.5 billion; sold

eAviation generated $9 million but incurred an $18 million loss.

- Q3: Strike resulted in a $50 million loss; maintained $1.4 billion revenue;

delivered

- Q4: Revenue declined due to labor strike; total annual revenue reached $14.7

billion.

Cessna's notable deliveries include:

- Cessna Citation Longitude - Designed for eight to twelve passengers featuring

advanced cabin systems.

- Cessna SkyCourier (Passenger) - Twin-engine turboprop designed for cargo or

business transport accommodating up to nineteen passengers.

Textron Aviation also delivered its first Cessna SkyCourier to Canada-Based Air Bravo Corporation.

The latest addition from Beechcraft is the King Air family''s best-selling twin-turboprop variants--the

Customer demand post-pandemic has driven astronomical growth in private jet industry sales due primarily to increased wealth levels alongside pandemic- related concerns about commercial travel safety protocols among other factors

In conclusion:

- Textron Aviation led manufacturers with delivering

There are strong market dynamics within this sector given that pre-COVID few


Organizations Included in this History
More News

Flying Food Group has announced reaching 20,000 followers.

Aug 5, 2025

Flying Food Group's Miami facility recently held an event to honor its Employee of the Month and celebrate work anniversaries.

Aug 5, 2025

Yesterday, a Turkish Airlines Boeing 777-300ER was evacuated at Antalya Airport after smoke was seen coming from its landing gear while taxiing.

Aug 5, 2025

Alaska Airlines has announced the addition of seven new routes across 12 cities in California, Oregon, Washington, and Idaho.

Aug 5, 2025

Ramp is offering a platform aimed at streamlining expense management for U.S.-based businesses with strong cash flow.

Aug 5, 2025

The Boeing E-7 Wedgetail has been identified as the primary replacement for the aging Boeing E-3 Sentry airborne early warning and control (AEW&C) aircraft, though its future with the United States Air Force (USAF) remains uncertain.

Aug 5, 2025