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Cessna and CAIGA sign contract for JV to assemble and sell Citation XLS+ Business aircraft in China

Zhuhai, China - Formation of the joint-venture company remains subject to various government approval and conditions

Cessna Aircraft Company, a Textron Inc. company (through Textron Far East Pte. Ltd.), has entered into a joint-venture contract with China Aviation Industry General Aircraft Company Ltd., (CAIGA) (through CAIGA South China Aircraft Industry Co., Ltd.), in accordance with their previously announced strategic agreement, for the formation of a joint-venture company to conduct final assembly of Cessna...

fra/pec - 1147330

AVIONEWS - World Aeronautical Press Agency
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