Trump's threat to decertify Canadian-made jets could hamper U.S. operators, analytics company says [Globe and Mail, The (Toronto, Canada)]
Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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Source: Globe and Mail, The
Listen to this article Learn more about audio Log in or create a free account to listen to this article. Mr. Trump made the threat on Thursday night on social media, along with a warning he would slap 50-per-cent import taxes on planes made by Bombardier Inc. BBD-B-T decrease and other domestic manufacturers. He made the declaration in an apparent reaction to the Canadian aviation regulator's move to review changes to U.S.-made Gulfstream business jets. Where appropriate, aviation authorities certify aircraft for safety reasons, including updates or changes to existing models. Canada is reviewing electronics changes to Gulfstream G700 and G800 models the company made to increase its range and payload, said John Gradek, who teaches aviation leadership at McGill University. Reuters reported a Trump official said the President did not mean to say Canadian-made aircraft in operation are decertified. Presumably, it would affect new aircraft made in Canada by Airbus SE, Bombard
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TXT
News
- Textron Elects Cristina Méndez to Board of DirectorsBusiness Wire
- Textron (NYSE:TXT) was given a new $110.00 price target on by analysts at Jefferies Financial Group Inc..MarketBeat
- Textron (NYSE:TXT) had its price target raised by analysts at JPMorgan Chase & Co. from $88.00 to $90.00. They now have a "neutral" rating on the stock.MarketBeat
- Textron (NYSE:TXT) had its price target lowered by analysts at Citigroup Inc. from $107.00 to $97.00. They now have a "neutral" rating on the stock.MarketBeat
- Textron (NYSE:TXT) was given a new $92.00 price target on by analysts at Morgan Stanley.MarketBeat
TXT
Earnings
- 1/28/26 - Miss
TXT
Sec Filings
- 2/2/26 - Form 8-K
- 1/28/26 - Form 8-K
- 1/13/26 - Form 3
- TXT's page on the SEC website