On Thursday, April 25, Textron, the parent company of Textron Aviation, which owns famous aviation brands Cessna, Beechcraft, and Hawker, posted its financial results for the first quarter of 2024. Overall, the Providence, Rhode Island-based company recorded a net income of $1.03 per share. This averaged out to adjusted earnings of $1.20 per share. This was an improvement from the first quarter of 2023, in which Textron recorded a net income of $0.92 per share and adjusted earnings of $1.05 per share.
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When we reported in February of this year that US President Donald Trump was touring a privately-owned Boeing 747-8, we somewhat thought this was just a publicity stunt to highlight that he wanted Boeing to move faster on the two VC-25Bs undergoing work to become the new pair of Air Force Ones. However, it does indeed seem like the government is moving to modify this other aircraft to be the new presidential transport! It even seems like a contractor has been tagged to do the work! We take a look at all this news for today’s video…