Thu, Jan 24, 2008
More Details To Be Revealed Next Month
Cessna Aircraft Company announced Thursday it will proceed with
developing a large cabin, intercontinental aircraft to add to the
top of its line of Citation business jets. The Textron Board of
Directors gave Cessna the approval for the program yesterday during
the board's first meeting of 2008.
"The approval of the large cabin Citation reflects Textron's
confidence in this major investment," said Lewis B. Campbell,
chairman, president and CEO of Textron. "The development of this
product is an important strategic step in the long-term positioning
of Cessna's product line in the global marketplace and we have the
utmost confidence in Cessna's ability to meet customer needs with
this new jet."
"I'm ecstatic to announce we are extending the Citation line
upward and grateful for the patience of the customers who have
urged Cessna to add a large cabin Citation, including many who are
planning to move up from their existing Citation business jets,"
said Jack J. Pelton, chairman, president and CEO of Cessna. "We
have invested a great deal of time in evaluating this concept to
determine a solid business case and involved customers very early
in this program. We're confident our efforts will result in an
aircraft that is right for the marketplace."
As ANN reported, Cessna
unveiled a proof-of-concept mockup for what will be the largest
business jet ever developed by the 80-year-old company during the
2006 National Business Aviation Association conference and annual
convention. Since then, company officials have taken the mockup to
events worldwide to gather feedback from potential customers on
anticipated performance, features and creature comforts.
Industry speculation has been varied on many details of the
LCC... including avionics and powerplant suppliers, the aircraft's
designation, and whether Cessna will follow other jetmakers down
the path in building the plane from composite materials.
Cessna says it will provide more details about the plane, and
the program, early next month. Place yer bets..
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