Jack J. Pelton

May 29, 2014 - 3:15pm

The Aviation Alliance’s plan to remanufacture Cessna 421s and Gulfstream GIIIs is moving forward, according to managing director Geoff Miller, despite financial setbacks that have caused delays. Some people, such as former Cessna CEO Jack Pelton, and partners are no longer associated with the Alliance, and a new source of funding had to be found. “That’s why there was a hesitation in the cash flow,” Miller told AIN.

April 13, 2014 - 12:30pm
Beechcraft King Air

Textron closed its $1.4 billion acquisition of Beechcraft on March 14, bringing together Cessna Aircraft and Beechcraft to form Textron Aviation. Scott Ernest, Cessna’s president and CEO since 2011, was tapped to lead Textron Aviation as CEO. Meanwhile, Bill Boisture, Beechcraft’s chairman and CEO since 2009, was excluded from the Textron Aviation senior leadership team and “is moving on to new opportunities,” a Textron spokesman told AIN.

April 1, 2014 - 4:10am

Textron closed its $1.4 billion acquisition of Beechcraft on March 14, bringing together Cessna Aircraft and Beechcraft to form Textron Aviation. Scott Ernest, Cessna’s president and CEO since 2011, was tapped to lead Textron Aviation as CEO. Meanwhile, Bill Boisture, chairman and CEO of Beechcraft since 2009, was omitted from the Textron Aviation senior leadership team and “is moving on to new opportunities,” a Textron spokesman told AIN.

March 18, 2014 - 3:25pm

Textron closed its $1.4 billion acquisition of Beechcraft on Friday, bringing together Cessna Aircraft and Beechcraft to form Textron Aviation. While the two aircraft manufacturers are now combined within a single segment, “Cessna, Beechcraft and Hawker will each remain distinct brands to preserve their rich histories and respective strengths in the marketplace,” the company said.

October 23, 2013 - 8:30pm

Hosted by NBAA president and CEO Ed Bolen, the Second Day General Session here at NBAA 2013 brought together top executives from business and general aviation’s leading advocacy groups to discuss how to advance the needs of private aviation in a time of political gridlock and fiscal constraints.

“This industry is enormously heavily regulated by the federal government,” Bolen told attendees, “so the shutdown has a disproportionate impact on this industry.”

January 24, 2013 - 3:30pm

Former Cessna chairman and CEO Jack Pelton is among a half-dozen veteran business and military aviation executives who have joined forces to offer remanufactured turbine-powered aircraft to the aviation and defense industries. The newly formed company, The Aviation Alliance, also announced its first business aviation offering yesterday: the Excalibur 421.

October 23, 2012 - 3:35pm

Retired Cessna Aircraft chairman, president and CEO Jack Pelton was elected chairman of the Experimental Aircraft Association (EAA) yesterday after the association’s board of directors accepted the resignation of president and CEO Rod Hightower. In his role as EAA chairman, Pelton will guide the organization through the leadership transition.

Hightower joined EAA in 2010. According to EAA, he is leaving to spend more time with his family in St. Louis, since they didn’t make the move to Oshkosh as originally planned.

October 9, 2012 - 4:25pm

NBAA president and CEO Ed Bolen, JSSI chairman Lou Seno and former Cessna chief Jack Pelton separately weighed in on President Obama’s remarks about “corporate jets” during the televised presidential debate last week. “Why wouldn’t we eliminate tax breaks for corporate jets?” Obama asked. “My attitude is if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it.”

July 1, 2011 - 6:40am

While Cessna Aircraft’s new CEO, Scott Ernest, may not be ready to sit down for wide-ranging interviews with outside media yet, he did indicate what his priorities are during a brief Q&A he gave for its internal newsletter, the Cessnan, just two days after he joined the company on May 31.

June 1, 2011 - 5:15am

Following what was described on May 2 as the retirement of 52-year-old Cessna chairman, president and CEO Jack Pelton, Textron chairman and CEO Scott Donnelly headed to Wichita to take charge of day-to-day operations at the 84-year-old aircraft manufacturer. At press time, Textron had not named a permanent replacement to take the helm at Cessna.

 
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