Textron Aviation and NetJets have announced a groundbreaking fleet agreement that could reshape the private aviation landscape. The deal allows NetJets the option to acquire up to a staggering 1,500 additional Cessna Citation business jets over the next 15 years, extending their existing fleet agreement. This arrangement includes provisions for an escalating number of aircraft each year, paving the way for NetJets to expand its fleet with a variety of Citation models, including the Citation Ascend, Citation Latitude, and Citation Longitude. Additionally, NetJets will serve as the fleet launch customer for Textron Aviation’s newest jet, the Citation Ascend, with deliveries slated to commence in 2025 once the aircraft completes its development phase.
Cessna Citation business jets, renowned for their reliability, efficiency, and comfort, are designed, manufactured, and delivered by Textron Aviation Inc., a subsidiary of Textron Inc. With a history spanning over 40 years, the partnership between Textron Aviation and NetJets has seen the delivery of more than 800 aircraft to NetJets. Notably, in the past eight years alone, NetJets has exercised over 300 options for Citation Latitude and Longitude models. This enduring collaboration has consistently provided discerning customers with top-notch, safe, and reliable aviation travel experiences worldwide. NetJets’ fleet has included various Citation models, such as the Citation SII, V, Excel/XLS, Sovereign, X, Latitude, and Longitude.