Cessna has had no business jet order cancellations for the coming year. According to MarketWatch, however, the good news does not extend beyond 2010 and there are cancellations in 2011 and later. It quoted Scott Donnelly, incoming CEO of Cessna's parent company Textron, as saying the future cancellations are "reflecting customer uncertainty ... three years out in the future." Combining that with a few new orders, Donnelly is predicting Cessna will build 275 business jets and possibly "a few more" in 2010. Textron also stayed in the black in the third quarter, if just barely.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/no-citation-cancellations-next-year