Four Cessna citations ordered for India market

Atlanta: The unprecedented strength of the business aircraft market is helping Cessna Aircraft Co. attract record orders, the general aviation aircraft manufacturer’s Chairman, President and CEO Jack J. Pelton announced yesterday at the 2007 National Business Aviation Association Meeting and Convention.
“Last year, we delivered 307 business jets,” said. “This year, we expect to deliver 380. Next year, we plan to deliver 470.” As of Aug. 31, he said, the company had a record backlog of more than $11 billion in orders for about 2,700 units, half of them business jets.
“This extraordinary rate of growth is being driven by strong economies and corporate profits and a rapidly-emerging global marketplace,” Pelton said, predicting that about half the company’s sales this year will come from abroad.
Several orders have been announced at the NBAA convention, which runs through tomorrow at Fulton County Airport and the Georgia World Center. They include an order from San Carlos, Calif.-based XOJET for 30 Citation Xs, valued at more than $600 million; another from India for four Citations: two CJ2+ and one XLS for authorized Cessna agent Taneja Aerospace and Aviation Ltd. (TAAL), plus one XLS+ for TAAL parent Indian Seamless Metal Tubes Ltd.; and an order from ITOCHU Corp. subsidiary Japan Aerospace Corp. for three CJ2+, one CJ4, one Encore+, one XLS+, three Caravans and three SkyHawks.
25/09/07 Providence Business News, US

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Categories: Foreign Sep 2007