Freestream Aircraft

Wednesday, 29 July 2026

Citation delivery pace slips in Q2 on Textron workforce mix

Textron Aviation shipped 40 Citation jets in the second quarter. That is down from 49 in the same period a year earlier. Turboprop deliveries ran the other way, climbing to 44 King Airs from 34. Segment revenue was $1.54 billion, up 1 per cent, with higher aircraft pricing offsetting the lower jet volume. Segment profit came in at $165 million against $170 million a year earlier, and backlog held at about $8 billion.

Chief executive Lisa Atherton attributed the jet shortfall to a younger production workforce. Half of Textron Aviation employees now carry less than five years of experience, compared with under 30 per cent in 2019. Attrition has stabilised. Atherton said production employees typically need five to seven years to reach full efficiency, and that broader delivery gains are not expected until the middle to end of 2027. The company has added engineering resources on the factory floor, expanded supervisor training, and set up a Career and Learning Center for employee screening and preparation. Supplier delays on engines, spars and hydraulics have also forced out-of-sequence work on the line.

For prospective Citation buyers, the recovery window lands on top of the Gen3 rollout. Textron is targeting FAA type certification of the Cessna Citation CJ4 Gen3 within 2026, with the CJ3 Gen3 and M2 Gen3 both scheduled for service entry in 2027. Delivery-slot pressure on the light-jet range therefore arrives before the assembly line recovers.

Ascend deliveries to fleet launch customer NetJets reached five in the first half. NetJets has committed to fifteen by the end of 2026. Chief financial officer David Rosenberg estimated that continuing productivity work could yield around $150 million in incremental profit.

Source: Textron Q2 2026 press release (SEC Form 8-K, Exhibit 99.1), 28 July 2026; Aviation Week Network; AVweb.


Also today

Jet Aviation opens full Miami-Opa Locka FBO on 27-acre site

Jet Aviation has moved its Miami-Opa Locka Executive Airport FBO to full operations. The 27-acre facility at KOPF opened at an on-site ceremony on Thursday 23 July 2026, attended by Jet Aviation president Jeremie Caillet and Americas senior vice president David Best. It carries an 8,500 sq ft terminal, 40,000 sq ft of new hangarage with 30-foot doors, and a 540,000 sq ft ramp sized for ultra-long-range aircraft. Fuel includes Jet-A, 100LL and sustainable aviation fuel. On-site US Customs and Border Protection is scheduled to open in the third quarter of 2026. Miami-Opa Locka is one of the busiest business-aviation gateways in the Americas.

Source: Corporate Jet Investor, 24 July 2026; GlobalAir.

IADA reports pre-owned business jet transactions up 21 per cent

Pre-owned business aircraft transactions rose 21 per cent in the first half. IADA member dealers closed 746 aircraft in H1 2026, per the International Aircraft Dealers Association Q2 market report published 27 July 2026. Dealer inventory purchases climbed 87 per cent year on year to 118 aircraft. Only 67 airframes carried price reductions, the fewest since IADA began tracking the figure in 2023. IADA reported limited availability of high-quality aircraft supporting valuations and tilting the balance toward sellers. Newer midsize and large-cabin pre-owned inventory sits at all-time lows, with buyers acting quickly and paying a premium.

Source: Corporate Jet Investor, 27 July 2026; International Aircraft Dealers Association.