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:
- Fractional giant NetJets has inked 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.
- If all options are exercised, the agreement could total nearly $10 billion, making it one of the largest in business aviation history and significantly expanding NetJets' fleet to over 800 airplanes.
- The deal reaffirms NetJets' strong commitment to the Cessna brand and positions NetJets as the launch customer for the new Citation Hemisphere aircraft.
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