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March 16, 2013

Cessna Expands Global Sales Force

Plans To Grow The Worldwide Sales Network By 50 Percent

Cessna has unveiled a planned expansion of the company's worldwide sales force by nearly 50 percent. As part of this effort, the company is placing an emphasis on decentralized satellite offices in global markets where Cessna's presence is well established or where the company sees opportunity for growth.

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Running Out of China's Money? Cirrus Gets $950,000 Loan From Grand Forks EDC

Committee Chair Apologizes For Questioning Company's Finances

With all the bally-hoo about the wonderful resources that were supposed to be provided by Chinese government-owned CAIGA's purchase of Cirrus Aircraft, we're somewhat mystified to note that the City of Grand Forks has apparently agreed to loan Cirrus nearly a million dollars. The Grand Forks Growth Fund Committee has made a $950,000 load to Cirrus Aircraft and, the committee's chair has apologized (the reasons or circumstances for such not being fully explained at this writing) to Cirrus' Bill King for questioning the company's ability to repay the loan at a previous meeting -- despite the company's history of financial difficulties and questionable business practices.

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Principato To Leave ACI-NA

National Search Will Be Conducted To Identify Replacement

Airport Council International-North America’s (ACI-NA) President, Gregory O. Principato, announced Thursday that he intends to step down from leadership of the association on June 30, 2013. David N. Edwards, Jr., Chairman of ACI-NA's Board of Directors, thanked Principato for his work on behalf of ACI-NA and the North American airport industry.

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