FL450
Well-known member
- Joined
- May 28, 2002
- Posts
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NetJets Places $300 Million Order with Cessna Aircraft Company;
Order Includes 50 CJ3 Business Jets, and Options for 50 More Aircraft
WOODBRIDGE, NJ September 9, 2002 -- NetJets® Inc. has ordered 100 new Cessna CitationJet 3 business jets and 12 Citation X aircraft from Cessna Aircraft Company for the rapidly growing NetJets fractional aircraft ownership program. Total value of the order and maintenance services is valued at over $300 million. Citation X deliveries will occur in 2004, and initial deliveries of the CJ3 will begin in 2005.
Richard Santulli, chairman and chief executive officer of NetJets, stated, "As the pioneer of fractional aircraft ownership, our strategy has been to continually offer NetJets owners the best light, mid-size and large cabin aircraft in the world. With the addition of the CJ3 and new Citation Xs to our fleet, which already includes Citation VIIs, Ultras, Encores, Bravos and Excels, we will keep offering our customers with a highly efficient and cost-effective way to travel.
"Our relationship with Cessna upon Cessna's demonstrated ability to develop and produce quality aircraft that meets the needs of our owners. And, Cessna's commitment to excellent product support coupled with its worldwide factory-owned service center network were key factors in our decision."
NetJets will take delivery of their 200th Citation in the fourth quarter 2002. Once deliveries are completed, NetJets will have over 350 Citations in their fleet, plus another 100 that are covered by options.
Cessna Chairman and CEO Russ Meyer said, "We are very proud that NetJets, with whom we have shared a long and mutually beneficial relationship, has chosen our new CJ3 for their fleet. With its outstanding performance, low operating cost, and most spacious and comfortable cabins in its class, we are confident that the CJ3 will quickly become a favorite among NetJets owners.
Order Includes 50 CJ3 Business Jets, and Options for 50 More Aircraft
WOODBRIDGE, NJ September 9, 2002 -- NetJets® Inc. has ordered 100 new Cessna CitationJet 3 business jets and 12 Citation X aircraft from Cessna Aircraft Company for the rapidly growing NetJets fractional aircraft ownership program. Total value of the order and maintenance services is valued at over $300 million. Citation X deliveries will occur in 2004, and initial deliveries of the CJ3 will begin in 2005.
Richard Santulli, chairman and chief executive officer of NetJets, stated, "As the pioneer of fractional aircraft ownership, our strategy has been to continually offer NetJets owners the best light, mid-size and large cabin aircraft in the world. With the addition of the CJ3 and new Citation Xs to our fleet, which already includes Citation VIIs, Ultras, Encores, Bravos and Excels, we will keep offering our customers with a highly efficient and cost-effective way to travel.
"Our relationship with Cessna upon Cessna's demonstrated ability to develop and produce quality aircraft that meets the needs of our owners. And, Cessna's commitment to excellent product support coupled with its worldwide factory-owned service center network were key factors in our decision."
NetJets will take delivery of their 200th Citation in the fourth quarter 2002. Once deliveries are completed, NetJets will have over 350 Citations in their fleet, plus another 100 that are covered by options.
Cessna Chairman and CEO Russ Meyer said, "We are very proud that NetJets, with whom we have shared a long and mutually beneficial relationship, has chosen our new CJ3 for their fleet. With its outstanding performance, low operating cost, and most spacious and comfortable cabins in its class, we are confident that the CJ3 will quickly become a favorite among NetJets owners.
