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 has entered a purchase agreement with Textron Aviation for up to 20 Cessna Citation XLS Gen2 business jets.
The deal includes four firm orders for the aircraft, with options to purchase an additional 16, and will introduce Fly Alliance's first Citation model into their fleet.
This acquisition aims to expand Fly Alliance's product offerings and contributes to their goal of growing their fleet to 100 aircraft.
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.
