CitationAir Ceasing Flight Ops
#14
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Joined APC: Apr 2006
Position: Furloughed
Posts: 429
I mentioned it in a previous post but many feel the shut down of Citationair was a stipulation for large orders from NetJets. It makes sense.
#16
#17
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Cessna and NetJets Sign Purchase Agreement for Up to 150 Citation Latitude Business Jets This came a few months after CitationAir stopped selling shares.
#18
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Joined APC: Feb 2007
Position: Airplanes
Posts: 1,377
Cessna and NetJets Sign Purchase Agreement for Up to 150 Citation Latitude Business Jets This came a few months after CitationAir stopped selling shares.
#19
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Joined APC: Jan 2013
Posts: 1,919
Not sure why that would have anything to do with it. Textron was already losing boatloads of money with CS. Between the constant bleeding of money and the addition of a union are the more likely real causes. I fly with two ex CS guys, and know a few others and none of them have mentioned a NJA order as the reason. Hell none of those airplanes are even on property yet...
#20
Gets Weekends Off
Joined APC: Apr 2006
Position: Furloughed
Posts: 429
Latitude will be the Excel replacement over time. This scenario is not too hard to imagine:
Cessna: "Netjets please order a bunch of our jets like you use to and not all Bombardier products."
NetJets: "We would love to order some of your planes but you wholly own and operate a company that directly competes with us.
Cessna: "Citationair is a pain in our side anyway so we will gladly exit the fractional market for your large purchase agreement."
Cessna: "Netjets please order a bunch of our jets like you use to and not all Bombardier products."
NetJets: "We would love to order some of your planes but you wholly own and operate a company that directly competes with us.
Cessna: "Citationair is a pain in our side anyway so we will gladly exit the fractional market for your large purchase agreement."
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