One of the biggest deals in the history of business aviation
Aviation giant NetJets signed a contract with Textron Aviation. Nearly $ 10 billion contract for Citation airplanes is one of the biggest deals in the history of business aviation. The order transferred to Textron Aviation includes 175 superhighway Cessna Citation Longitude and 150 Citation Hemispheres with a large cockpit, which shows NetJets special commitment to the Cessna brand.
Since 1984, NetJets has managed a fleet of nearly 500 Cessna Citations, and the agreement may increase the fleet to more than 800 aircraft over the next 10-15 years. The hemispheric option makes NetJets the starting client for the aircraft.
“We are proud to expand our relationship with NetJets once again through this significant milestone for the Citation Longitude and Citation Hemisphere,” said Scott Donnelly, Chairman, President and CEO of Textron Inc., speaking at the annual National Business Aviation Association Convention in Orlando, Florida.
“The Longitude fleet will build on the success NetJets has enjoyed with the Citation Latitude midsize jet. Through its class-leading performance, operating efficiency and the quietest cabin experience in its category, the Citation Longitude redefines the super-midsize segment. The Citation Hemisphere will follow with its revolutionary approach to performance and the large cabin experience.”
Adam Johnson, NetJets Chairman and CEO, called the deal “yet another new chapter in NetJets and aviation history.”
With a range of 3500 nautical miles and a full fuel load of 1600 pounds, the Citation Longitude provides a quiet cabin, low cabin height (5,950 feet) and a long list of standard features in its comfortable cabin. Citation Longitude cost is about 26 million dollars.
12-seater Cessna Citation Hemisphere is a 4,500 nautical miles (8,300 km) range, Mach 0.9 business jet project. The aircraft will receive several advanced technologies for Cessna, including a limited electrical distance flight control system. According to the schedule, the first flight of Hemisphere is to take place at the end of 2019. The aircraft is supposed to cost $ 30-35 million.