Cessna SkyCourier Combi Configuration Achieves Certification From the National Civil Aviation Agency of Brazil
WICHITA, Kan.--(BUSINESS WIRE)--The Cessna SkyCourier Combi configuration kit recently achieved certification from the National Civil Aviation Agency of Brazil (ANAC) and joined the fleet of Brazilian charter company Cleiton Táxi Aéreo (CTA). This marks the first delivery of the SkyCourier into South America.
The Cessna SkyCourier is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.
CTA recently took delivery of a passenger variant of the twin-engine, large-utility turboprop equipped with conversion kits that enable the standard 19-passenger interior to be configured to a 9-passenger and cargo Combi, or to a full freighter configuration. The aircraft also has the optional gravel kit installed, allowing it to land on unpaved runways and access more remote locations. CTA's order includes two Cessna SkyCourier aircraft of the same configuration, with the second expected to deliver in 2026.
'The Cessna SkyCourier is an excellent aircraft to support regional missions and services across South America,' said Lannie O'Bannion, senior vice president, Sales & Marketing. 'We look forward to seeing the impact this versatile and hardworking turboprop will have on CTA's operations.'
Founded by Cleiton Sérgio de Sousa, Cleiton Táxi Aéreo first became a customer of Textron Aviation with the purchase of the Cessna 210 Centurion in 1995 to begin charter operations across the Amazon region. Since then, the company has operated a fleet ranging from the Cessna Caravan to the Beechcraft King Air, each aircraft fulfilling a variety of special missions and charter operations across the region.
The Cessna SkyCourier recently marked five years since the aircraft prototype first took flight in 2020. Since it entered into service in 2022, the aircraft has proven itself as a valuable business tool for both cargo and passenger operations, with recent milestones including the first delivery to Canada and first order from the Marshall Islands, among others.
About the Cessna SkyCourier
The twin-engine, high-wing turboprop offers a combination of performance and lower operating costs for air freight, commuter and special mission operators.
The freighter variant is sized to handle up to three LD3 shipping containers with an impressive 6,000 pounds of payload capability. The 19-passenger variant includes crew and passenger doors for smooth boarding, as well as large cabin windows for natural light and views. Both configurations offer single-point pressure refueling to enable faster turnarounds.
The SkyCourier is powered by two wing-mounted Pratt & Whitney Canada PT6A-65SC turboprop engines and features the McCauley Propeller C779, a heavy-duty and reliable 110-inch aluminum four-blade propeller, which is full feathering with reversible pitch, designed to enhance the performance of the aircraft while hauling tremendous loads. The SkyCourier is operated with Garmin G1000 NXi avionics and has a maximum cruise speed of more than 200 ktas and a 900 nautical-mile maximum range.
About Textron Aviation
We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.
Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
10 minutes ago
- Business Wire
HCLTech Expands Partnership With The Standard to Accelerate AI-led Transformation and Deliver Digital-first Services at Scale
NEW YORK & NOIDA, India--(BUSINESS WIRE)-- HCLTech, a leading global technology company, announced an expansion of its partnership with Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals. This expanded partnership with The Standard will deliver AI-driven infrastructure and application services to boost efficiency, support rapid growth and enhance customer experience. This collaboration will also accelerate The Standard's shift to an IT products and services-based operating model, enabling greater agility, customer value and progress toward the company's long-term digital transformation goals. HCLTech's GenAI-led service transformation platform, AI Force, digital engineering and cloud services will support The Standard's focus on exceptional customer service in the delivery of workplace benefits. This transformation will be further driven by a newly formed Joint Innovation Council and Digital Experience Office, reinforcing The Standard's commitment to innovation and delivering scalable, user-centric experiences. 'The Standard's growth journey has accelerated in recent years through digital transformation and acquisitions, and HCLTech has proven to be the best partner to help us scale efficiently and seamlessly with its digital-first and customer-focused approach,' said Laxman Prakash, Chief Information Security Officer and Head of IT Infrastructure and Security Management Organization at The Standard. 'We look forward to the positive impact that this ongoing partnership will provide for our customers.' 'We are excited about this extended partnership with The Standard, showcasing our deep commitment to the insurance sector,' said Anubhav Mehrotra, Senior Vice President, Head of Insurance, North America, at HCLTech. 'This collaboration underscores HCLTech's investment in AI-led capabilities and innovative talent, which have been pivotal in guiding The Standard through its digital transformation journey.' About HCLTech HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending March 2025 totaled $13.8 billion. To learn how we can supercharge progress for you, visit About The Standard The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management and paid family leave services, retirement plans products and services and annuities for employers and individuals. For more information about The Standard, visit and follow us on LinkedIn and Instagram.
Yahoo
11 minutes ago
- Yahoo
2 Dire Warnings for Auto Investors to Heed
John Murphy's "Car Wars" report offers insights into the automotive industry. Ever-changing EV sentiment has made strategic planning a challenge for carmakers. Meanwhile, China's fierce price war is eating at automakers' bottom lines. 10 stocks we like better than Ford Motor Company › The automotive industry is currently whipsawing back and forth with the uncertainty of tariffs hanging over the manufacturers, suppliers, and -- ultimately -- consumers. That's perfect timing for one of the automotive industry's most highly anticipated presentations: Car Wars, by Bank of America auto analyst John Murphy. This year's edition recently arrived, and it had a few important takeaways for auto investors as well as automakers -- from the young and niche players such as Rivian Automotive (NASDAQ: RIVN) and Tesla (NASDAQ: TSLA), all the way to more historical players such as General Motors (NYSE: GM). "The unprecedented EV head-fake has wreaked havoc on product plans," Murphy said in the bank's annual report, according to CNBC. "The next four-plus years will be the most uncertain and volatile time in product strategy ever." The electric vehicle (EV) industry is still growing, but it's just growing in the U.S. at a pace much slower than originally predicted. While countries such as China are testing EV market share around 50%, the U.S. is lagging behind, and the current administration could make things worse by pulling federal support for EVs. But automakers' product plans, designs, and vehicle strategies span years, so changing course surrounding something such as EVs could get expensive, and that's partly what Murphy sees happening. This is important for investors because big changes in plans could mean big charges and write-downs. One example is Ford Motor Company (NYSE: F) and its $1.9 billion in expenses and write-downs due to the cancellation of its planned electric three-row SUV. And it's just one of what will be many such developments in the coming years. In his report last year, Murphy said, "I think you have to see the [Detroit Big Three] exit China as soon as they possibly can," according to Reuters. Now, the situation in China is even worse, and the brutal price war has engulfed the entire EV industry. The problem is that it's likely to get even worse before it gets better, and some analysts question whether the industry can pull out of the price war before imploding with weakening demand, overcapacity, and too many brands. BYD, China's juggernaut EV maker, just slashed prices last month by as much as 34% on 22 electric and plug-in hybrid models, effective through the end of June. The price cuts are across the board, and the average retail price in China has fallen roughly 19% over the past two years, according to a Nomura report. That's better than the 27% drop in hybrid or range-extension vehicles, or the 21% decline battery-only vehicles. General Motors is a good example. China once generated $2 billion in income for the company, although those days may be long gone. Thanks to deep cost cuts and a slight improvement in sales, its operations in China were profitable during the fourth quarter of 2024, reversing numerous quarters of losses. However, it recorded a roughly $4 billion charge to cover restructuring efforts in that country. Adapting to the current conditions in China will require massive effort and likely restructuring costs. Ultimately, there's a lot of uncertainty facing automakers. With China's price war, Chinese EV companies expanding overseas with prices the competition can't match, tariff uncertainty, and ever-changing EV consumer sentiment, there's a lot on an automaker's plate. With these warnings regarding China and potential one-time charges and write-offs due to rapidly changing strategies, investors would be wise to take the long view when it comes to auto investments. It's going to be an uphill battle for automakers in the near term until China's market stabilizes and EV growth is more consistent and reliable in the U.S. market. Before you buy stock in Ford Motor Company, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ford Motor Company wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Bank of America is an advertising partner of Motley Fool Money. Daniel Miller has positions in Ford Motor Company and General Motors. The Motley Fool has positions in and recommends Bank of America and Tesla. The Motley Fool recommends BYD Company and General Motors. The Motley Fool has a disclosure policy. 2 Dire Warnings for Auto Investors to Heed was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 minutes ago
- Yahoo
Bermuda International Long Term Insurers and Reinsurers (BILTIR) Enlists Oliver Wyman to Analyse Systemic Risk in Region with New Report
HAMILTON, Bermuda, June 10, 2025--(BUSINESS WIRE)--Bermuda International Long Term Insurers and Reinsurers (BILTIR) today announced the release of a new report, titled Analysis of Systemic Risk in the Bermuda Long-Term Insurance Sector, published by Oliver Wyman through BILTIR's commissioning. Using Oliver Wyman's independent research and a variety of data sources, the report concludes that Bermuda's long-term (re)insurance sector does not meaningfully contribute to global systemic risk. "Amid questions about systemic risk within the Bermuda (re)insurance sector, BILTIR engaged experts at Oliver Wyman to conduct an independent examination of the industry and regulatory environment within our jurisdiction," said Suzanne Williams-Charles, CEO of BILTIR. "Bermuda's system is in place to manage risk and protect policyholders, and this report verifies that Bermuda's diligent regulatory framework is effectively limiting any potential for systemic risk." The report evaluated three hypothetical scenarios frequently cited by regulators to question whether activities in the (re)insurance sector could trigger systemic risk. Specifically, Oliver Wyman analysed: Credit crisis triggering mass reinsurance capture Confidence shock triggering a mass lapse and sale of assets Withdrawal of insurer private credit demand The report concludes that safeguards are in place to limit regulatory risk, including regulatory requirements and market practices. Additionally, it finds that the inherent long-term nature of insurance liabilities effectively limits the potential consequences of any stress on the broader financial system. The report also provides recommendations to enhance stakeholders' abilities to analyse and evaluate the potential risks within Bermuda. These recommendations include increased public transparency on transactions, ongoing regulatory oversight, and risk-based understanding of asset and liability portfolios. Oliver Wyman maintained strict editorial control over the paper and developed its own conclusions from its analysis. Find the full report here. About BILTIRBermuda International Long Term Insurers and Reinsurers (BILTIR) represents the long-term insurers and reinsurers in Bermuda. Backed by Bermuda's over 40-year history of providing insurance solutions and at the forefront of the evolving long-term insurance industry, BILTIR represents the policy interests and drives advocacy for the market and its members. BILTIR membership is comprised of more than 70 annuity, life insurance, and reinsurance businesses and servicing companies on the island. To learn more, visit View source version on Contacts Ellie Kuhen330-697-1161ekuhen@ Sign in to access your portfolio
