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Cessna Enters Joint Venture with CAIGA

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Key Takeaways:

  • Cessna and CAIGA (China Aviation Industry General Aircraft) have formalized their strategic agreement into a contract for a joint venture company, pending government approvals.
  • This joint venture will initially focus on the final assembly, customization, and flight testing of Cessna 208B Grand Caravan EX aircraft in Shijiazhuang, China, with operations expected within 12-18 months.
  • Beyond initial Caravan assembly, the new company may also develop and assemble new utility turboprop models for the growing Chinese general aviation market.
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Earlier this year, we reported that Cessna entered into a strategic agreement with CAIGA (China Aviation Industry General Aircraft), a subsidiary of AVIC (Aviation Industry Corporation of China), to sell, assemble and support the Cessna Caravan in Shijiazhuang, China. The agreement has now developed into a contract for a joint venture company, which in addition to the Caravan assembly may develop and assemble new utility turboprop models, Cessna said.

“As general aviation continues to grow in China, Cessna is committed to offering the right products to serve the market complemented by the company’s unparalleled customer service,” said William Schultz, Cessna’s senior vice president of business development, China.

Pia Bergqvist

Pia Bergqvist joined FLYING in December 2010. A passionate aviator, Pia started flying in 1999 and quickly obtained her single- and multi-engine commercial, instrument and instructor ratings. After a decade of working in general aviation, Pia has accumulated almost 3,000 hours of flight time in nearly 40 different types of aircraft.

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