Cessna evaluates NetJets cancellation

Aviation International News » January 2004
January 29, 2007, 5:25 AM

A day after news of the NetJets order for 50 Hawker 400XPs, Cessna Aircraft parent company Textron announced that it expects no financial impact from the fractional provider’s earlier cancellation of an order for 50 Citation CJ3s. The company expects the canceled order, applied to jets slated for delivery in the late 2005 to 2008 timeframe, to be reallocated to existing customer orders. “Our current backlog for the CJ3 will allow us to fill out the planned CJ3 production schedule well into 2007,” said Cessna CEO Jack Pelton.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X