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Cessna gets 40 commitments


Published : Thu, 31 May 2007 22:41
By : Agencies
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WICHITA, Kan. (AP) - Cessna Aircraft Co., a unit of industrial conglomerate Textron Inc., said Thursday it took commitments for 40 Citation business jets at a recent convention in Switzerland.

The 40 commitments taken at last week's European Business Aviation Convention & Exhibition in Geneva include a previously announced order from JetAlliance for 25 Citation business jets.

Cessna said it also took orders for three Caravans and one Model 206 Stationair single-engine piston aircraft. The company expects deposits to firm all 40 orders by the end of June.

Textron shares rose 31 cents to close at $107.30.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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