http://www.pilotbug.com/?p=130
The previously suspended development of the Cessna Citation Columbus was canceled as reported in a recent Textron SEC filing. According to the document, Textron “decided to suspend the development of the Citation Columbus wide-body jet due to prevailing market conditions.” The aircraft, which was to compete in the already crowded “super midsize” cabin class, was previously suspended in April. Facilities and tooling built and produced in the program totaled $50M up until now, of which $43M has been declared unrecoverable. Development and construction of the aircraft were also to have employed 1000 jobs in Wichita, KS, home to Cessna Aircraft.
The previously suspended development of the Cessna Citation Columbus was canceled as reported in a recent Textron SEC filing. According to the document, Textron “decided to suspend the development of the Citation Columbus wide-body jet due to prevailing market conditions.” The aircraft, which was to compete in the already crowded “super midsize” cabin class, was previously suspended in April. Facilities and tooling built and produced in the program totaled $50M up until now, of which $43M has been declared unrecoverable. Development and construction of the aircraft were also to have employed 1000 jobs in Wichita, KS, home to Cessna Aircraft.