Textron Aviation is betting that a boom in online commerce and package deliveries will provide a boost to the business aviation market’s nascent recovery—and has found a valuable partner to hedge that bet. In a surprise unveiling, the company has launched development of a twin-engine, utility turboprop dubbed the SkyCourier 408, with service entry targeted for 2020. The announcement caps seven months of behind-the-scenes design coordination with FedEx, which becomes the launch ...

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