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Textron completes Beech buy

'Seamless' transition promised

Textron Aviation promised a

The Beechcraft and Hawker brand names—and support infrastructure—will remain following completion of the $1.4 billion Textron purchase of Beechcraft Corp. Cessna CEO Scott Ernest will lead the new division dubbed Textron Aviation, the company announced March 14.

Cessna parent Textron, which also owns Bell Helicopter, did not immediately announce how many jobs will be lost to consolidation, though Textron CEO Scott Donnelly told The Wichita Eagle that there would be reductions in the administrative and support staff of the newly combined companies.

While workers wait for word, Textron moved quickly to assure owners of the more than 250,000 aircraft worldwide bearing Cessna and Beechcraft brands that service will continue: “I expect that the integration of these two businesses will be a seamless process for you,” Ernest said in an email message to customers, as well as a March 14 press release. “The iconic Beechcraft, Cessna and Hawker brands will remain distinct within Textron Aviation to preserve their rich histories and respective strengths in the marketplace.”

Former Beechcraft CEO Bill Boisture, who held the post since 2009, is no longer with the company, the Eagle reported. Three Beechcraft executives will be part of the Textron Aviation leadership team: Russ Bartlett, who will serve as senior vice president for Textron Aviation's defense business; Dave Rosenberg, formerly vice president of Beechcraft strategic planning and programs will hold the same title with Textron Aviation; and Christi Tannahill, who will serve as senior vice president of turboprop aircraft.

The newspaper cited an internal company memo announcing the changes. A company spokesman did not respond to an email from AOPA seeking confirmation.

The newspaper listed 11 Cessna executives who will hold leadership posts with Textron Aviation.

Cessna and Beechcraft generated a combined $4.6 billion in 2013 revenue. Cessna has lost its leading status in the business jet segment to competitors Gulfstream and Bombardier in recent years; Beechcraft has shipped more aircraft (including increases across the King Air model line) since emerging from bankruptcy in 2013. Federal regulators moved quickly to approve combining the two.  

“Uniting these brands creates a robust industry competitor,” Donnelly said in the press release. “Cessna, Beechcraft and Hawker owners will receive the high level of quality product and customer service that are the hallmarks of these brands—and our combined resources will enhance our ability to innovate and anticipate customer needs.”

Jim Moore
Jim Moore
Managing Editor-Digital Media
Digital Media Managing Editor Jim Moore joined AOPA in 2011 and is an instrument-rated private pilot, as well as a certificated remote pilot, who enjoys competition aerobatics and flying drones.
Topics: Aviation Industry, Financial, Helicopter

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