NetJets Massive Deal for Cessna Citation Jets

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(Photo cred Textron Aviation)
The Corporate company, NetJets, have signed more then $10 billion for 175 super-midsize Cessna Citation Longitude jets and up to 150 large-cabin Cessna Citation Hemisphere aircraft. This is the largest deal in Cessna’s history. If all options are exercised, the deal would be one of the largest in business aviation history, likely totaling nearly $10 billion. NetJets has operated a fleet of nearly 500 Cessna Citations since 1984, and the agreement could increase the company’s fleet to more than 800 airplanes over the next 10 to 15 years. The option to purchase the Hemisphere makes NetJets the launch customer for the airplane.

"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

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Wow, this is great for first time pilot

The Citations are consider a business jet

Ahh, I see!

This is a sweet deal for Cessna. It’s very good for the company just to have Netjets buying their planes.

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Netjets has made an excellent investment in my opinion. I’ve yet to meet one Citation pilot that doesn’t like the aircraft.

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