Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, is celebrating a landmark deal that will see Citation Mustangs being flown for charter services in China for the first time. Yunnan Ruifeng General Aviation Company is acquiring two Citation Mustangs to operate charter flights in China. The company plans to offer customers connections to high-altitude airports, of around 13,000 feet (4,000 meters) above sea level. The first delivery is scheduled for December 2013, with the second delivery scheduled for 2014.
Kevin Wu, Cessna regional vice president of Sales for Greater China says: "This deal proves again the growing demand in the Chinese business aviation market. We are pleased that Yunnan Ruifeng General Aviation Company is investing in Citations for performance and features that support their business and customer expectations."
Yunnan Ruifeng General Aviation Company was founded in 2011. The company already operates a Cessna Grand Caravan for sightseeing flights in south-west China. The deal was announced on the heels of the 2013 China International General Aviation Convention where Cessna is displaying their Grand Caravan and 172 Skyhawk products.
Source: Textron Inc. (NYSE: TXT)
Date: Oct 23, 2013