Beechcraft Corp., the U.S. planemaker that exited bankruptcy protection in February, has drawn takeover interest from at least three suitors, including Brazil’s Embraer SA and India’s Mahindra & Mahindra Ltd., said people familiar with the matter.
Dassault Aviation SA, the maker of Rafale combat planes, introduced a business jet that features a taller cabin for extra comfort to help it compete with long- range Gulfstream Aerospace and Bombardier Inc. models.
Michimasa Fujino began working on Honda Motor Co.’s aviation project 27 years ago at a hangar in Mississippi. Next year, Fujino, now president of the aircraft unit, says the project may finally get off the ground.
Textron Inc.’s Cessna unit bucked the slump in business-jet sales by raising prices, betting that it can halt tumbling aircraft values even if it means sacrificing orders, Chief Executive Officer Scott Donnelly said.