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 inked a major deal with Textron Aviation for options to purchase up to 175 Cessna Citation Longitude jets and up to 150 Cessna Citation Hemisphere aircraft.
- This agreement, potentially worth nearly $10 billion, makes NetJets the launch customer for the Citation Hemisphere.
- If all options are exercised, the deal could expand NetJets' fleet from nearly 500 to over 800 Cessna Citations within the next 10 to 15 years.
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