How did business aviation revenue fare in recent quarters?

Business Aviation Revenue Trends: 1. **Textron Inc. (TXT)**: Textron's Aviation segment faced challenges, including a four-week strike that impacted financial results. Despite a new contract, the segment's revenues decreased. The backlog for the Aviation segment increased to $7.8 billion, up $676 million from the previous year. 2. **General Dynamics (GD)**: General Dynamics reported a 22% revenue surge in its Aerospace segment and a 20% increase in its Marine Systems segment for the third quarter of 2024. Despite supply chain challenges and a shortfall in G700 aircraft deliveries, the company maintained a positive outlook for the fourth quarter, expecting robust cash flow generation. In conclusion, while Textron's Aviation segment experienced a decline due to the strike and other factors, General Dynamics' Aerospace segment saw significant growth. This indicates a mixed performance within the business aviation sector, with some companies facing challenges and others benefiting from increased demand and strategic growth initiatives.