Fractional giant NetJets reaffirmed its strong commitment to the Cessna brand by inking a massive deal with Textron Aviation for options to purchase up to 175 super-midsize Cessna Citation Longitude jets and up to 150 large-cabin Cessna Citation Hemisphere aircraft.
NetJets Inks Massive Deal for Cessna Citation Jets
Key Takeaways:
- NetJets finalized a massive deal with Textron Aviation for options to purchase up to 175 super-midsize Cessna Citation Longitude jets and up to 150 large-cabin Cessna Citation Hemisphere aircraft.
- Valued at nearly $10 billion if all options are exercised, this agreement would be one of the largest in business aviation history and makes NetJets the launch customer for the Citation Hemisphere.
- The deal reinforces NetJets' strong commitment to the Cessna brand, significantly expanding its fleet to potentially over 800 airplanes in the next 10 to 15 years.
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