NetJets Signs Record-Setting Deal with Textron Aviation for 1,500 Citation Jets

The agreement builds on the 40-year relationship between the companies, adding to more than 800 aircraft delivered over the years. (09/20/2023)

On Wednesday, Textron Aviation and NetJets announced the terms of a record-breaking deal between the longstanding partner companies for the purchase of up to 1,500 Citation jets. NetJets will also serve as the launch partner for the Citation Ascend, which was announced at the National Business Aviation Association’s European Business Aviation Convention and Expo in May.

The fleet agreement extends over the next 15 years, with deliveries of the Ascend to begin after type certification is achieved and entry into service projected for 2025. The deal also includes the Citation Latitude and Longitude.