Cessna Aircraft inked a deal with Yunnan Ruifeng General Aviation Co. this week at NBAA 2013 that will see Citation Mustangs being flown for charter services in China for the first time. Yunnan Ruifeng is acquiring two Citation Mustangs to operate charter flights in China. First delivery is scheduled for December, with the second delivery following next year. The Chinese operator was founded in 2011 and already flies a Cessna Grand Caravan for sightseeing flights in southwest China.
Less than half (49 percent) of owners and operators of business aircraft around the globe believe the business aviation industry is past its low point, according to the annual JetNet iQ State of the Market Briefing presented at NBAA 2013 on Tuesday. That’s a slight drop from the 52 percent who said the industry was beyond its bottom in last year’s survey, according to JetNet, the Ithaca, N.Y.-based market data provider.
Cessna Aircraft painted a picture of its mixed fortunes at its NBAA press conference yesterday, with CEO Scott Ernest saying the company was making good progress on its marquis development programs–the new Citation Latitude and Longitude–while acknowledging problems with single-engine piston products, and continuing quarterly financial losses.
Cessna Aircraft painted a picture of its mixed fortunes at its NBAA press conference today, with CEO Scott Ernest saying the company was making good progress on its marquis development programs–the new Citation Latitude and Longitude–while acknowledging problems with single-engine piston products and continuing quarterly financial losses. Cessna posted a $23 million loss in the third quarter as deliveries of its jets for the period dropped to 25 from 41 in the same period a year ago.
“Mr. Aviation” is a big title but Dwane Wallace, who steered Cessna Aircraft (Booth No. C8843) through 40 years of boom and bust and into the age of the modern business jet, deserves the moniker even more after being enshrined into the National Aviation Hall of Fame (based in Dayton, Ohio) on October 4.
Air charter firm JetSuite plans to expand its fleet of refurbished and upgraded Cessna Citation CJ3s to 15 by the end of next year. Known as the JetSuite Edition CJ3, these aircraft are easily distinguishable by their JetSuite red stripe painted on the exterior. The company currently has six JetSuite Edition Citation CJ3s and will be adding two more this year. JetSuite said it is flying each airplane approximately 120 hours a month, more than twice the typical utilization of a Part 135 airplane.
Dwane Wallace, who led Cessna Aircraft from 1936 to 1975, was posthumously enshrined into the Aviation Hall of Fame on Friday. “Wallace’s visionary leadership brought Cessna Aircraft into the modern age through the expansion of the company’s product line, including the introduction of the world’s most successful line of business jets–the Cessna Citation,” said Cessna president and CEO Scott Ernest. “Wallace’s legacy is secure as the man who built general aviation around the world.”
Cessna is completing certification flight-testing on its new $4.395 million M2 light jet and expects certification within “a few weeks,” company vice president Brad Thress told AIN. Earlier this week, Garmin provided the Wichita aircraft manufacturer with the final data load for the aircraft’s new Intrinzic cockpit, which features a touchscreen G3000 avionics system.
Cessna celebrated the wing mate on the Citation Latitude first test article on Thursday. This achievement is another program milestone for the Latitude as it approaches its first prototype flight, expected in the first quarter of next year, Cessna said. FAA certification and entry into service of the Latitude is scheduled for mid-2015.
Textron and joint-venture partner AirLand Enterprises surprised the Air Force Association (AFA) Air & Space Conference near Washington, D.C., this week by unveiling a new midsize twin-turbofan jet designed for armed intelligence, surveillance and reconnaissance (ISR) missions. Textron division Cessna Aircraft has quietly built a prototype of what the team has named the Scorpion and intends to fly it by year-end.