Could this be a mini Citation Latitude? That was my first impression when I saw the Cessna Citation Ascend mock-up at the European Business Aviation Convention and Expo in Geneva. Textron Aviation (NYSE:TXT) pulled back the curtain on the new model Monday morning at EBACE 2023.
The $16.725-million Ascend will be the fifth-generation Citation 560XL when it arrives in 2025, and its refreshed appearance heralds dozens of improvements aimed at sustaining demand for the best-selling business jet in the last quarter century. Almost 1,100 Excel, XLS, XLS+ and XLS Gen 2 Citations have been delivered since 1998. The Ascend has plenty of qualities aimed at extending this sales performance.
