Less than half (49 percent) of owners and operators of business aircraft around the globe believe the business aviation industry is past its low point, according to the annual JetNet iQ market briefing presented this week at NBAA 2013. That’s a slight drop from the 52 percent who said the industry was beyond its bottom in last year’s survey, according to business aviation information firm JetNet. Regionally, 54 percent of respondents in North America believe the worst is over, while in Latin America and the rest of the world, only 35 percent expressed such confidence.
Fractional jet share and charter companies from NetJets to JetSuite to Executive AirShare are choosing to stack their fleets with Cessna Citation jets, large and small, according to Brad Thress, senior vice-president of business jets for Cessna Aircraft Company (Booth No. C8843).
NetJets, the largest Citation Jet operator in the world with 50 Citation Xs in its fleet, is perhaps one of the clearest examples, Thress pointed out. NetJets has 25 Cessna Citation Latitudes on order and options for 125 more, all of which will begin deliveries in 2016.
Cessna Aircraft (Booth No. C8843) has sold two Citation Mustangs to the Yunnan Ruifeng General Aviation Company in China, for use in charter operations. Yunnan intends to operate the aircraft to very high altitude airports with elevations of approximately 13,000 feet. The aircraft will be delivered in December 2013 and next year. The deal is the first sale of a Citation Mustang to a Chinese charter operator. Yunnan already operates a Cessna Grand Caravan that it uses for sightseeing flights in southwest China.
Cessna Aircraft inked a deal with Yunnan Ruifeng General Aviation Co. this week at NBAA 2013 that will see Citation Mustangs being flown for charter services in China for the first time. Yunnan Ruifeng is acquiring two Citation Mustangs to operate charter flights in China. First delivery is scheduled for December, with the second delivery following next year. The Chinese operator was founded in 2011 and already flies a Cessna Grand Caravan for sightseeing flights in southwest China.
Less than half (49 percent) of owners and operators of business aircraft around the globe believe the business aviation industry is past its low point, according to the annual JetNet iQ State of the Market Briefing presented at NBAA 2013 on Tuesday. That’s a slight drop from the 52 percent who said the industry was beyond its bottom in last year’s survey, according to JetNet, the Ithaca, N.Y.-based market data provider.
Cessna Aircraft is looking to beat back encroaching entry-level light jet competition with its new M2. But can a nearly 25-year-old fuselage design do the trick? The market is about to find out. The new Citation M2, a refreshed version of the company’s smallest Model 525–the CitationJet–is nearing certification. A demonstration model is on display here on the NBAA static line.
Tamarack Aerospace and Cessna Aircraft signed an agreement this week at NBAA 2013 under which Cessna will market, sell and install Tamarack’s active winglets for the CitationJet family through the CJ3. The winglets provide more range, increased useful loads and improved high-and-hot performance, while simultaneously improving fuel economy.
Between deliveries, aftermarket upgrades, maintenance expansions and prototypes, Cessna Aircraft Company (Booth No. C8843) has a lot to talk about concerning its current and upcoming Citation products during NBAA 13.
Yukon, Okla.-based repair and refurbishment center Legacy Aviation Services (Booth No. C9432) hired Russ Hampton as a service technician at its Clarence E. Page Municipal Airport facility. Hampton has more than 25 years of maintenance and technical experience on a wide variety of turboprop and jet aircraft, including the Twin Commander series, one airframe in which the company specializes.
Cessna Aircraft painted a picture of its mixed fortunes at its NBAA press conference yesterday, with CEO Scott Ernest saying the company was making good progress on its marquis development programs–the new Citation Latitude and Longitude–while acknowledging problems with single-engine piston products, and continuing quarterly financial losses.