Textron Aviation Joins with Infinity, Stocks Sink
Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced an agreement with Infinity Flight Group for the purchase of 10 additional Cessna Skyhawk aircraft, expected to be delivered in 2027. Infinity Flight Group has steadily expanded its fleet during the last three years, ordering a combined total of 35 new Cessna Skyhawks.
A certified Cessna Pilot Center, Infinity Flight Group currently operates 65 Cessna Skyhawks out of their bases at Trenton-Mercer Airport in New Jersey and Treasure Coast Airport in Ft. Pierce, Florida. The additional aircraft will join the flight school’s current fleet of Cessna Skyhawks, enhancing its capacity to train the next generation of aviators.
“The Cessna Skyhawk sets the standard in reliability and performance,” said Chris Crow, vice president, Piston Sales. “Organizations like Infinity Flight Group continue to place trust in this industry-leading aircraft, which is ideal for both student pilots and private owners.”
“The best-selling, high-wing piston has earned a reputation,” according to this morning’s news release, “for reliability, ease of use, and versatility over the decades, making it a favorite among flight schools and experienced pilots. Infinity Flight Group's new aircraft will feature the recently announced dual electronic ignition system (dual EIS), enhancing maintenance, efficiency and overall operation of the Skyhawk.”
TXT shares slid $2.65, or 3.3%, to $78.28.
