Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced an agreement with Zhoushan AVIC Joy Air General Air Co., Ltd. for 20 Cessna Grand Caravan EX Amphibian aircraft. The aircraft are expected to start being delivered later this year out of the company’s joint venture facility, Cessna-AVIC Aircraft (Shijiazhuang) Co., Ltd. The joint venture between Cessna and China Aviation Industry General Aircraft Company (CAIGA) assembles and delivers Caravan utility turboprop aircraft for the Chinese market.
“The availability of the Cessna Grand Caravan EX Amphibian aircraft in China has sparked a new segment in the aviation market as operators now have the ideal product to meet the demand for increased aerial sightseeing and charter tourist flights,” said Kevin Wu, vice president of Sales in the region. “Joy Air Holdings’ selection of the Cessna Grand Caravan EX Amphibian is a testament to the aircraft’s performance, comfort and reliability. The Caravan continues to be the most popular utility turboprop aircraft because of the value and reliability the aircraft brings to companies looking to grow their business, while also providing customers an exceptional flight experience and access to remote locations.”
Headquartered in Shanghai, Joy Air Holdings already owns two Grand Caravan EX Amphibians and will use the additional aircraft for commuter flights between coastal areas including Shanghai, Zhejiang, Fujian, Guangdong and Yunnan province, and also for air tours and charter flights.
Date: Jul 20, 2015