Cessna, CAIGA Sign Contract For Joint Venture | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 10.19.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.19.17

Airborne 10.20.17

Airborne-Unmanned 10.17.17

Airborne-YouTube

AMA 10.19.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.19.17

Airborne 10.20.17

Airborne-Unmanned 10.17.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Thu, Nov 15, 2012

Cessna, CAIGA Sign Contract For Joint Venture

Will Assemble And Sell Citation XLS+ Business Jets In China

Cessna has entered into a joint venture contract with China Aviation Industry General Aircraft Company Ltd. (CAIGA), in accordance with their previously announced strategic agreement, for the formation of a joint venture company to conduct final assembly of Cessna Citation XLS+ aircraft in China for the Chinese market. As the largest general aviation company in the world, Cessna's relationship with CAIGA taps into what is expected to be the highest growth aviation market during the coming decade. Formation of the joint venture company remains subject to various government approvals and customary conditions.

Cessna's Wichita, Kansas operations will provide components and parts manufacturing and sub-assemblies for aircraft to be sold by the joint venture. Joint venture operations in Zhuhai will be designed to conduct final assembly, paint, testing, interior installation, customization, flight testing and delivery of the Cessna XLS+ business jets to in-country customers.

"This is an exciting opportunity for Cessna, given the tremendous growth potential of the region and our ability to bring high quality, proven aircraft that people have come to expect from Cessna," said Scott Ernest, president and CEO.

Management of the joint venture will include board members from both Cessna and CAIGA, with the general manager to be nominated by Cessna Aircraft Company and the deputy general manager to be nominated by CAIGA. "We are extremely pleased with this joint venture contract and we look forward to producing high-quality business jets for the Chinese market," said Bill Schultz, Cessna's senior vice president of Business Development, China. "Customers can expect rigorous testing and quality controls that are the hallmark of our reliable aircraft family."

This joint venture contract stems from the strategic framework agreement that Cessna entered into with CAIGA parent company, Aviation Industry Corporation of China (AVIC) in March 2012.

(Pictured below Left: William Schultz, Cessna SVP, Business Development, China. Right: Qu Jingwen, GM, AVIC CAIGA)

FMI: www.cessna.com


Advertisement

More News

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne 10.19.17: 200th TBM 900-Series, MooneyShares, E-AB Accident Stats

Also: Supersonic Test, Kobe Steel, Sullenberger Awarded, A-29 Super Tucanos, Textron, 109th AW CDR Daher recently rolled out its 200th TBM 900-series very fast turboprop aircraft s>[...]

AMA Drone Report 10.19.17: Drone/Airliner Midair?, FAA Sued, CNN 107 Waiver

Also: Swedish Drone Ban Lifted, Rocky Mountain Hobby-Expo, Drone Shark Detection, Kittyhawk DJI Sync 2.0 Recent reports about a midair collision between a jet and a drone have been>[...]

Airborne-Unmanned 10.17.17: Eagles v Drones, DJI AeroScope, Drone Policy

Also: AeroVironment Award, Washington State Patrol, Altavian Nova UAS, Robotaxis The French Military is training four Golden Eagles to attack drones in flight as a way to defend ag>[...]

Airborne 10.20.17: Santa Monica Setback, Red Bull Aviatrix, C-49 Flies Again

Also: HondaJet World Tour, Barnstorming, SpaceX, Dauntless, Fixed-Wing VTOL, Gravitational-Waves, Swedish Drones The City of Santa Monica may now proceed with shortening the runway>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC