Jessica is Executive Editor of Business & Commercial Aviation magazine. She started as Editor of ShowNews Online, Aviation Week's on-site trade show daily published at the Paris Air Show, NBAA Annual Convention, Singapore Air Show and at other significant aerospace gatherings.
Jessica has worked in television production and management consulting. While not yet a licensed pilot, Ms. Salerno has received flight instruction and has soloed.
According to a research report on Textron Inc. and issued in June by Bank of America Merrill Lynch, Cessna Aircraft's backlog decreased 40% from a year earlier and Bell Helicopter's had fallen by 1%. Bell now comprises 65% of the conglomerate's total backlog while Cessna accounts for just 9%. Despite that, the researchers said, “The outlook for the business jet industry is positive, as fundamentals continue to stabilize, and 2013 may be an inflection point for Cessna.”
Buoyed by greater-than-anticipated activity in the single-utility turboprop market, Honeywell is supporting a range of additional applications for its TPE331 family, as well as studying potential new engine developments to compete with Pratt & Whitney Canada's PT6 and its planned successor. “In the downturn we saw that the strongest small airplane market was turboprops, and we were fascinated by that,” says Jim Kroeger, Honeywell's director of engineering for propulsion systems.
