Cue The Fat Lady, Cessna Acquisition of Columbia Is Complete | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

 Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Wed, Dec 05, 2007

Cue The Fat Lady, Cessna Acquisition of Columbia Is Complete

Textron's Cessna Completes Acquisition of Columbia Aircraft Assets

It's official. It's done. It's OVAH! Cessna Aircraft Company has finalized its purchase of select assets of Columbia Aircraft Manufacturing Company.

Cessna's auction bid of $26.4 million for the Bend, Oregon-based producer of high-performance, single-engine aircraft was accepted by court order on Nov. 28 by the United States Bankruptcy Court for the District of Oregon. Company officials spent the past week finalizing the acquisition.

With the deal now closed, Cessna notes that the Bend factory will carry the Cessna name and the Columbia products will be branded as the Cessna 350 and the Cessna 400. These two low-wing, turbocharged aircraft will complement Cessna's existing line of eight piston models. Cessna also manufactures turboprops and the world's best-selling line of business jets, the Cessna Citation.

Cessna Parts Distribution and the Cessna network of authorized dealers and service centers have already begun plans to integrate sales and support of the new Cessna 350 and Cessna 400 aircraft.

FMI: www.cessna.com, www.flycolumbia.com

Advertisement

More News

ANN's Daily Aero-Term (05.07.24): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

ANN's Daily Aero-Linx (05.07.24)

Aero Linx: The T-6 Racing Association The T-6 Racing Association is all about T-6‘s and racing. Our mission is to bring great racing to our fans in Reno and other venues wher>[...]

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Also: Electra Aero, AMO-CBP v Smugglers, Naval King Airs, Boeing Deal To the surprise of everyone involved, Waco Kitchen shut down both airport operations with little warning and h>[...]

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC