Fly Alliance has entered a purchase agreement with Textron Aviation to buy up to 20 Cessna Citation business jets. [Courtesy: Cessna]
Key Takeaways:
Fly Alliance, an Orlando-based private charter company, has signed a purchase agreement with Textron Aviation for up to 20 Cessna Citation XLS Gen2 business jets, including four firm orders and 16 options.
This agreement marks Fly Alliance's first acquisition of Citation aircraft, aiming to enhance its private charter experience and expand its fleet as part of a long-term goal to reach 100 aircraft.
The Cessna Citation XLS Gen2 is Textron's latest update to its midsize jet line, featuring comfort and productivity upgrades, and has recently achieved FAA certification and commenced deliveries.
Fly Alliance, an Orlando-based on-demand and jet card Part 135 charter company, has entered a purchase agreement with Textron Aviation (NYSE: TXT) for up to 20 Cessna Citation business jets.
Four of the aircraft included in the agreement are firm orders, with options to buy another 16 aircraft.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
