Business Jet Traveler » October 2009

October 1, 2009
Cessna Aircraft is moving on after parent Textron formally canceled the large-cabin Cessna Citation Columbus program. The decision came a little more than two months after Textron suspended development of the widebody jet due to the economic downturn. Textron reported a net loss of $58 million in the second quarter, compared with a $258 million profit in the year-ago period.

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“You may delay, but time will not. ”

-Benjamin Franklin in Poor Richard’s Almanac