Textron Aviation bullish about Latin America
Textron Aviation, parent company for Beechcraft and Cessna Aircraft, remains bullish about the Latin American business aircraft market.
Textron Aviation is displaying a strong presence at LABACE 2014 at Congonhas Airport in Sao Paulo with a wide-range of business aircraft from both Beechcraft and Cessna.
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Latin America now takes on an even greater level of importance for Textron Aviation as a provider of general and business aircraft and support to the region.
The company has 13 aircraft on display at LABACE. Beechcraft and Cessna will be joined at the show by their regional partners, TAM Aviação Executiva and Lider Aviação.
Robert Gibbs, vice president, Latin America and Caribbean sales, says: “No other aerospace company offers customers in Latin American the range of aircraft and aircraft support from Cessna and Beechcraft represented at this important event.”
“Brazil remains the center of growth in Latin America but the rest of the region, from Mexico to Chile, is flexing its economic muscle and we’re seeing strong interest across our product line that matches the growth. To meet the increasing demand, we continue to invest in products that meet the unique requirements across Latin America, and in our customer support network that remains a cornerstone of Textron Aviation’s global reputation,” Gibbs adds.
According to industry data, business aviation in Latin America has grown nearly 4 per cent in the last year to more than 5,000 business turbine aircraft based in the region. The three largest markets in the region for Textron Aviation products are Brazil, Mexico and Venezuela.
Gibbs adds: “Brazil, Mexico and Venezuela also produce nearly 80 per cent of Latin America’s oil, which corresponds to their reliance on business aviation to manage far-flung oil fields. We are also seeing strong GDP growth in most other countries in the region and that is a positive indicator for our industry, and it’s why we continue to invest in new aircraft and enhanced service programs across all of our aircraft platforms.”
Textron Aviation aircraft on display include jets and turboprops from both Beechcraft and Cessna: Beechcraft King Air 350ER, King Air 350i, King Air 250, King Air C90GTx, Cessna Citation Sovereign +, Citation XLS+, Citation CJ4, Citation M2 and Grand Caravan EX.