Jack J. Pelton

May 3, 2010 - 8:56am

“Cessna’s been through a rough 18 months,” said chairman, president and CEO Jack Pelton at an EBACE press conference this morning. While Cessna delivered 289 jets last year, it expects to ship only 225 this year, he said. “We’re calling 2010 the trough, and then we expect to see a long, slow recovery with improvement starting around 2011.

November 2, 2009 - 4:49am

Business aviation faces similar issues around the world that will require operators to cooperate across regional lines if the industry is to thrive, Cessna Aircraft chairman, president and CEO Jack Pelton said last month at the 10th annual Regional Aviation Association of Australia Convention.

October 20, 2009 - 3:22pm

Cessna Aircraft may have eschewed a presence on the floor of the convention hall, but it has its full line of production Citation business jets parked at the static display at Orlando Executive Airport.

Chairman, president and CEO Jack Pelton said at a press conference Monday the company decided to spend time with customers and came here with optimism that the business aviation market is thawing.

October 14, 2009 - 9:47am

Cessna chairman, president and CEO Jack Pelton has been holding on tight over the past year as the business aviation industry has taken manufacturers on what could easily be described as a roller-coaster ride. Since last fall, Wichita-based Cessna Aircraft has seen its employment roster halved to about 8,500 employees as it “rightsized” the company to adjust for lower-than-anticipated production this year, as well as in 2010 and 2011.

October 1, 2009 - 12:59pm

Business aviation faces similar issues around the world that will require operators to cooperate across regional lines if the industry is to thrive, Cessna Aircraft chairman, president and CEO Jack Pelton said today at the 10th annual Regional Aviation Association of Australia Convention held in Sunshine Coast, Queensland. “We have our work cut out for us,” he noted.

July 28, 2009 - 5:45am

The large-cabin Cessna Citation Columbus program has been “formally cancelled,” according to an Form 8-K report parent company Textron filed last month with the Securities and Exchange Commission.

July 27, 2009 - 8:15am

The National Aviation Hall of Fame honored one of general aviation’s most influential figures when it inducted Russell Meyer Jr., former chairman and CEO of Cessna, as part of this year’s class in recognition of his contribution and dedication to the general aviation industry. He joined fellow inductees Eileen Collins, Edward White and James Stewart. The last two were honored posthumously.

July 14, 2009 - 12:04pm

The large-cabin Cessna Citation Columbus program has been “formally cancelled,” according to a Form 8-K report filed with the Securities and Exchange Commission late last week by Cessna Aircraft parent Textron. The move comes just a little more than two months after Textron’s decision “to suspend the development of the Citation Columbus widebody jet due to prevailing market conditions,” Textron said in the report.

July 13, 2009 - 10:59am

The large-cabin Cessna Citation Columbus program has been “formally cancelled,” according to an Form 8-K report parent company Textron filed late last week with the Security Exchange Commission and confirmed today by Cessna officials.

June 30, 2009 - 7:26am

In an economy that has ravaged aviation, one stable segment is the insurance industry, but change is coming. “Nobody knows what [the future is] going to look like,” an industry expert told AIN.

 
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