TEXTRON AVIATION
Cessna Denali
Cessna Citation Latitude
Cessna Citation Longitude
Key data
| (Dollars in millions) | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Textron Aviation | |||||
| Units delivered: | |||||
| Business jets | 180 | 178 | 166 | 159 | 139 |
| King Airs 1 | 86 | 106 | 117 | 113 | — |
| Caravans | 69 | 84 | 102 | 94 | 105 |
| Piston engine1 | 274 | 262 | 312 | 290 | 223 |
| Backlog | $1,180 | $1,041 | $1,074 | $1,365 | $1,018 |
| Revenues | $4,686 | $4,921 | $4,822 | $4,568 | $2,784 |
| Segment profit (loss) 2 | $303 | $389 | $400 | $234 | $(48) |
| Segment profit margin | 6.5% | 7.9% | 8.3% | 5.1% | (1.7)% |
| Total assets | $4,403 | $4,460 | $4,039 | $4,085 | $2,260 |
| Capital expenditures | $128 | $157 | $124 | $96 | $72 |
| Depreciation and amortization | $139 | $140 | $134 | $137 | $87 |
| 1 | 2014 reflects deliveries of Beechcraft aircraft after the acquisition closing date of March 14, 2014. |
| 2 | Segment profit (loss) included the following pre-tax items: In 2015, $12 million of amortization expense related to fair value step-up adjustments of Beechcraft inventories sold during the year. In 2014, $63 million negative impact from fair value step-up adjustments to Beechcraft inventories sold during the year. In 2013, $28 million in severance costs. |
REVENUE DETAILS
| (In millions) | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Aircraft | $3,112 | $3,412 | $3,404 | $3,182 | $1,868 |
| Aftermarket | 1,574 | 1,509 | 1,418 | 1,386 | 916 |
| Total revenues | $4,686 | $4,921 | $4,822 | $4,568 | $2,784 |
1 Aircraft in this video is not yet certified. Expected performance capabilities are based upon product design and development program.
REVENUE BY REGION
SALES BREAKDOWN
BY CUSTOMER
BY PRODUCT LINE
MAJOR PRODUCTS
| First Delivery | Std/Max Seating Capacity (including pilots) |
Cruising Speed (kts) |
Maximum Range (nm) (IFR w/ NBAA reserves) |
2018 MSRP (in millions) |
Engine Manufacturer |
Engine Model | Avionics | |
|---|---|---|---|---|---|---|---|---|
| Cessna Citation Jets | ||||||||
| M2 | 2013 | 8 | 404 | 1,550 | $4.700 | Williams International | FJ44-1AP-21 | Garmin G3000 |
| CJ3+ | 2014 | 9/10 | 416 | 2,040 | $8.295 | Williams International | FJ44-3A | Garmin G3000 |
| CJ4 | 2010 | 9/11 | 451 | 2,165 | $9.195 | Williams International | FJ44-4A | Collins Pro Line 21 |
| XLS+ | 2008 | 11/14 | 441 | 2,100 | $13.050 | Pratt & Whitney Canada | PW545C | Collins Pro Line 21 |
| Latitude | 2015 | 11 | 446 | 2,700 | $16.650 | Pratt & Whitney Canada | PW306D1 | Garmin G5000 |
| Sovereign+ | 2013 | 11/14 | 460 | 3,200 | $17.895 | Pratt & Whitney Canada | PW306D | Garmin G5000 |
| X+ | 2014 | 11/14 | 528 | 3,460 | $23.365 | Rolls-Royce | AE3007C2 | Garmin G5000 |
| New Jet Development | ||||||||
| Citation Longitude | EIS 20181 | 10/14 | 476 | 3,500 | $26.995 | Honeywell | HTF-7700L | Garmin G5000 |
| Citation Hemisphere | TBD | TBD | TBD | 4,500 | TBD | Safran | Silvercrest | Honeywell Primus Epic |
| Turboprops | ||||||||
| Cessna Caravan | 1985 | 9/14 | 186 | 1,0703 | $2.050 | Pratt & Whitney Canada | PT6A-114A | Garmin G1000 NXi |
| Cessna Grand Caravan EX2 | 2013 | 11/14 | 185 | 9123 | $2.653 | Pratt & Whitney Canada | PT6A-140 | Garmin G1000 NXi |
| Beechcraft King Air C90GTx | 2010 | 7/9 | 272 | 1,260 | $3.775 | Pratt & Whitney Canada | PT6A-135A | Collins Pro Line Fusion |
| Beechcraft King Air 250 | 2011 | 9/11 | 310 | 1,720 | $6.295 | Pratt & Whitney Canada | PT6A-52 | Collins Pro Line Fusion |
| Beechcraft King Air 350i | 2010 | 11/13 | 312 | 1,806 | $7.345 | Pratt & Whitney Canada | PT6A-60A | Collins Pro Line Fusion |
| Beechcraft King Air 350iER | 2010 | 11/13 | 303 | 2,539 | $8.385 | Pratt & Whitney Canada | PT6A-60A | Collins Pro Line Fusion |
| New Turboprop Development | ||||||||
| Cessna Denali | First Flight 20181 | 8/11 | 285 | 1,600 | $4.800 | Ge Aviation | Advanced Turboprop | Garmin G3000 |
| Cessna SkyCourier | First Flight 20191 | 21/21 | 200 | 900 | $5.5004 | Pratt & Whitney Canada | PT6A-65SC | Garmin G1000 NXi |
| Pistons | ||||||||
| Cessna 172S Skyhawk | 1998 | 4 | 124 | 6403 | $0.379 | Textron Lycoming | IO-360-L2A | Garmin G1000 NXi |
| Cessna 172 Turbo Skyhawk JT-A | 2017 | 4 | 134 | 9633 | $0.450 | Continental Motors | CD-155 | Garmin G1000 NXi |
| Cessna Skylane 182T | 2001 | 4 | 145 | 9153 | $0.490 | Textron Lycoming | IO-540-AB1A5 | Garmin G1000 NXi |
| Cessna Turbo Stationair T206H | 1998 | 6 | 161 | 7033 | $0.680 | Textron Lycoming | TIO-540-AJ1A | Garmin G1000 NXi |
| Beechcraft Bonanza G365 | 2005 | 6 | 176 | 9203 | $0.870 | Continental Motors | IO-550-B | Garmin G1000 NXi |
| Beechcraft Baron G585 | 2005 | 6 | 202 | 1,4803 | $1.415 | Continental Motors | IO-550-C | Garmin G1000 NXi |
| Military | ||||||||
| Beechcraft T-6 | 1998 | 2 | 316 | 1,382 | N/A6 | Pratt & Whitney Canada | PT6A-68 | Esterline CMC 3000 |
| Beechcraft AT-6 | TBD | 2 | 316 | 1,725 | N/A6 | Pratt & Whitney Canada | PT6A-68D | Esterline CMC 3000 |
| Scorpion | TBD | 2 | 330 | 2,400 | N/A6 | Honeywell | TFE731-40AR | Garmin |
- 1 Estimated
- 2 Grand Caravan EX with Cargo Pod
- 3 45 minute fuel reserve
- 4 Cessna SkyCourier Cargo Configuration
- 5 Current configuration with G1000 avionics
- 6 Contact Textron Aviation Defense for aircraft and support package pricing
2017 BUSINESS JET PRICE POINTS
(Dollars in millions)
Citation Product Line
Competition
2017 Source: B&CA 2017 Purchase Planning Handbook edition & Textron Aviation Data
PRE-OWNED CITATIONS FOR SALE
(As a percent of fleet)
AFTERMARKET SALES
(Dollars in millions)