Cue The Fat Lady, Cessna Acquisition of Columbia Is Complete | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Wed, Dec 05, 2007

Cue The Fat Lady, Cessna Acquisition of Columbia Is Complete

Textron's Cessna Completes Acquisition of Columbia Aircraft Assets

It's official. It's done. It's OVAH! Cessna Aircraft Company has finalized its purchase of select assets of Columbia Aircraft Manufacturing Company.

Cessna's auction bid of $26.4 million for the Bend, Oregon-based producer of high-performance, single-engine aircraft was accepted by court order on Nov. 28 by the United States Bankruptcy Court for the District of Oregon. Company officials spent the past week finalizing the acquisition.

With the deal now closed, Cessna notes that the Bend factory will carry the Cessna name and the Columbia products will be branded as the Cessna 350 and the Cessna 400. These two low-wing, turbocharged aircraft will complement Cessna's existing line of eight piston models. Cessna also manufactures turboprops and the world's best-selling line of business jets, the Cessna Citation.

Cessna Parts Distribution and the Cessna network of authorized dealers and service centers have already begun plans to integrate sales and support of the new Cessna 350 and Cessna 400 aircraft.

FMI: www.cessna.com, www.flycolumbia.com

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC