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Posted: Monday, 24 March 2008 2:41PM
Cessna Concerns
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Demand for business jets may begin to erode over the next several years, something that would hurt the profit performance of Textron, which owns Wichita-based Cessna.
The firm said the heavy exposure to the business jet market, which represents about 70% of Textron sales each year, could prove a problem two years out; it said it worried shipments would slow by 2010. |
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