Textron Aviation Inc.
Textron Aviation and NetJets sign record contract for 1,500 aircraft (Cessna Citation Jet)
We would like to inform you of the latest information on US Textron Aviation, which owns the Cessna and Beach brands.
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NetJets becomes first and launch customer for Cessna Citation Ascend WICHITA, Kan. (September 20, 2023) – Today, Textron Aviation Inc. (Textron Aviation) and NetJets® (hereinafter NetJets) announced the addition of Cessna Citation business jets over the next 15 years. As a result, we signed option agreements to purchase 1,500 aircraft, a new record. This agreement will add the Cessna Citation Ascend, Latitude and Longitude to NetJets’ existing fleet, increasing the number of aircraft each year. Equally noteworthy, NetJets is the launch customer for Textron Aviation’s newest jet, the Citation Ascend. Delivery of the Citation Ascend aircraft is scheduled for early 2025, and the aircraft, which is currently under development, is targeted to begin operation from this year.
[Video 2: https://prtimes.jp/api/movieim.php?url=www.youtube.com/watch?v=vq_sxU8E3jg] The Cessna Citation business jet is designed, manufactured, and delivered by Textron Aviation (NYSE: TXT). NetJets is a proud subsidiary of the Berkshire Hathaway company.
NetJets customers around the world will continue to choose our Citation, said Ron Draper, CEO and President of Textron Aviation. As NetJets’ largest supplier, we are proud to provide industry leading aircraft. We look forward to continuing to receive customer feedback and working with them to design and deliver the ultimate aviation experience. NetJets will expand its fleet with the addition of Citation Ascend, building on the already recognized superior performance of Latitude and Longitude to reach more customers than ever before for NetJets’ customers around the world. We hope that you will be able to use this machine flexibly for your purposes and to help you accomplish your mission.
Since the start of the two companies’ more than 40-year relationship, NetJets has purchased more than 800 aircraft from Textron Aviation, and in the last eight years has optioned options for more than 300 Citation Latitude and Longitude aircraft. . Thanks to the
long-standing relationship of trust between these two companies, we are able to provide discerning customers with aircraft that are top-class for their size, safe, have flying experience around the world, and are therefore reliable. For more than 40 years, NetJets has owned and operated the business jet industry’s leading Citation family, including the Citation SII, V, Excel/XLS, Sovereign, X, Latitude and Longitude models.
[Image 1: https://prtimes.jp/i/88437/12/resize/d88437-12-d638dbd12b38e89d4d2f-0.jpg&s3=88437-12-e858612b53c27202a26a730043535741-3900×2201.jpg] Doug Henneberry, NetJets Executive Vice President and Chief of Aircraft Management, says Textron Aviation shares our commitment to safety and service and is a trusted friend of ours. With the introduction of the Ascend model, we are not only expanding our mid-size jet class aircraft, but also increasing the number of aircraft in our entire fleet, making us the ideal partner to offer our owners a wide variety of choices. is. Given the demand for our previously popular Citation Latitude and Longitude aircraft, the new Ascend and all other new Citation aircraft are an excellent choice for our customers, especially those who want to do more and cut their losses. We are confident that you will be welcomed.
The Cessna Citation is recognized as one of the best aircraft of its size for its combination of reliability, efficiency, and comfort with advanced technology, and its continued evolution allows it to stand out from other business jet series. We offer unparalleled performance that cannot be provided by other manufacturers. Since the first Citation was delivered in 1972, it has set the standard for the business jet market, transcending the boundaries of the business and general aviation industries, and has repeatedly been named the most delivered aircraft of the year.
[Image 2: https://prtimes.jp/i/88437/12/resize/d88437-12-812d4c1a9296c0dbbb09-1.jpg&s3=88437-12-38da35a7f4edb4c1ff440f291e8bf7d8-3900×2194.jpg] The Citation series of business jets has been improved with an unrivaled range of performance, systems and options to help you expand your business reach. Over the 50-year history of the Citation series, more than 30 Citation models have been approved. Six models are currently in production: Citation M2 Gen2, Citation CJ3+, Citation CJ4 Gen2, Citation XLS Gen2, Citation Latitude, Citation Longitude, and Citation Ascend.
What is Citation Ascend?
In addition to improved performance, the Citation Ascend features an all-new cockpit and a luxurious cabin unlike any in the mid-size business jet market. Its performance goals include four passengers, a high-speed range of 1,900nm (the longest range is estimated to be 2,100nm), a cruise at 441 knots per hour, and a direct climb to an altitude of 45,000ft.
NetJets owners can enjoy luxury on the best-selling Citation Latitude and Longitude aircraft, which feature smarter, more modern features and flat floors that give passengers a more spacious feel and more legroom. You’ll enjoy it. The aircraft uses cutting-edge technology from Garmin G5000 avionics, is equipped with the latest software and hardware including autothrottle technology, and features high combustion efficiency and even higher power output from Canada’s Pratt & Whitney PW545D engine. We are realizing this. Ascend is also equipped with the Honeywell APU RE100[XL], which is approved for unattended operation.
NetJet’s long-awaited Ascend is a standard seven-passenger aircraft with a fully equipped refreshment center and ample luggage
What is Cessna Citation Latitude?
The Citation Latitude is the most sought-after aircraft in NetJets’ fleet. This mid-sized business jet can carry four passengers, fly at 2,700nm (approximately 5,000km) at high speed, and is unrivaled in terms of comfort and fuel efficiency. The aircraft has a take-off and landing performance of 3,580 feet, which is ahead of other aircraft in its category, offering operators short take-offs and landings as well as long-distance flights. Inside, the Citation Latitude offers the most open, spacious, bright, and sophisticated cabin environment in its category.
The NetJets-spec Latitude comes standard with seven-passenger seating, with plenty of cabin space and storage, including a toilet and luggage compartment. The cabin has a flat floor, six-foot ceiling height, and specially designed features throughout the aircraft. With a wireless cabin management system, we can provide each passenger with a comfortable internet environment and entertainment when using their own electronic devices.
What is Citation Longitude?
The Citation Longitude is capable of flying at 3,500 nm (approximately 6,482 km) and has a payload of 1,600 pounds (726 kg) when fully fueled. Textron Aviation aims to raise expectations for super-midsize aircraft. I designed this machine. The noise inside the cabin has been reduced to almost half that of other companies of the same size. With lower interior air pressure (1,509 m/4,950 ft), more standard specifications, and an elegant, comfortable, and bespoke interior, the aircraft is fully equipped to meet NetJets customer satisfaction standards.
NetJets’ Longitude features a standard double-club eight-seat configuration, with each seat reclining flat and offering the most legroom of any super-midsize airplane. It has a six-foot height to stand up and move around, and the fully flat cabin floor makes getting around the cabin more comfortable. It has a walk-in compartment that is unparalleled in aircraft of its size, and you can move back and forth without any altitude restrictions during the flight, offering unparalleled convenience. In addition to this stunning cabin, passengers can also stay connected during the flight and enjoy using their electronic devices in the most productive environment possible. What is Textron Aviation?
Enriching your airplane journey. For more than 95 years, Textron Aviation Inc. and Textron Inc.company have grown and combined the wisdom of the Beechcraft, Cessna and Hawker brands. We design and deliver aircraft to provide our customers with the best aviation experience. From business jets, turboprops, high-performance fixie aircraft, and special edition aircraft to military trainers and defense products, Textron Aviation has the world’s most versatile and comprehensive range of aviation products. We have a workforce that has manufactured more than half of the general aviation aircraft operated within the country. Our customers in more than 170 countries can rest assured that they have access to aircraft that can be operated flexibly, with our legendary functionality, reliability, and versatility, backed by a customer service network trusted around the world. I have received it.
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What is Textron Inc.?
Textron Inc. is a diversified company with aviation, defense, industrial and financial businesses that provide innovative solutions and services to our customers. Textron is recognized alongside influential brands known around the world, including Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation+Training. Click here if you would like to know more.
What is NetJets?
NetJets has been setting and pushing industry standards since its founding in 1964, originally as Executive Jet Airways. Currently, NetJets is a proud subsidiary of Berkshire Hathaway, with a strong sense of responsibility for unwavering safety and service.
is known. NetJets’ NetJet Group includes major brands such as Executive Jet Management, QS Partners, and QS Security, and includes a wide range of customizable travel arrangements, shared ownership, and jet card services (without owning the plane). We offer aircraft management, private jet charter, aircraft purchase mediation and purchase procedure services, and special security services. This comprehensive problem-solving group explains why NetJets has been the choice of many of the world’s most discerning travelers for
generations. Additionally, NetJets has the largest and most diverse fleet of private jets in the world, and is willing to fly to even the most remote locations around the world, at any time of the day. Click here to learn more about the pioneer in private jet operations. https://netjets.com/en-gb/
The information contained in this press release is forward-looking information and may change to reflect earnings, strategy, goals, outlook, or other factors that cannot be predicted. In other words, we have only stated what we know to date, and we do not assume any responsibility to make any changes or updates to forward-looking statements. These forward-looking statements may be expressed or implied and may involve risks, known or unknown, that could cause actual results to differ materially. , there is uncertainty. These include the effectiveness of our research, unanticipated expenses in developing new products or launching significant new product development, the timing of our new products, the timing of approvals for our new products, and the competitiveness of our new products. technology and feature upgrades due to competitiveness and customer needs; government changes to regulations and laws regarding product imports and exports; market flexibility and instability in our industry; and operational issues at major suppliers and
subcontractors. Please be aware that there are risk factors, including but not limited to:
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