NetJets signs record deal for up to 1,500 Cessna Citation aircraft
Textron Aviation announced Wednesday an unprecedented agreement for NetJets to purchase up to 1,500 additional Cessna Citation Business Jets over the next 15 years. This expands NetJets’ existing agreement and includes options for an increasing number of aircraft each year, allowing the company to expand its fleet with Cessna Citation Ascend, Citation Latitude and Citation Longitude aircraft.
NetJets has also been named launch customer for Textron Aviation’s newest aircraft, the Citation Ascend. Deliveries are scheduled to begin in 2025, when the aircraft, currently under development, is expected to enter service.
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“NetJets customers around the world continually select Citations as their aircraft of choice. We’re honored to be the largest provider of industry-leading aircraft to NetJets and look forward to continuing to work together to design and deliver the best aviation experience based on customer feedback,” said Ron Draper, president and CEO, Textron Aviation.
Since the inception of the more than 40-year relationship between the companies, NetJets has taken delivery of more than 800 aircraft from Textron Aviation, including exercising over 300 options for Citation Latitudes and Longitudes during the past eight years.
“Textron Aviation is the ideal partner to help us expand our offerings to NetJets Owners with the introduction of the new Ascend to our midsize jet class, as well as by growing our overall fleet,” said Doug Henneberry, NetJets Executive Vice President, Aircraft Asset Management.
Cessna Citations are renowned for their ability to combine reliability, efficiency and comfort with advanced technology and class-leading performance. Since Cessna delivered its first Citation in 1972, it has set the standard in the business jet market, often achieving the most deliveries annually across the business and general aviation industry.
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