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Cessna (/ ˈ s ɛ s n ə / [4]) is an American brand of general aviation aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas.Originally, it was a brand of the Cessna Aircraft Company, an American general aviation aircraft manufacturing corporation also headquartered in Wichita.
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands. [ 32 ] Beechcraft Corporation is an American manufacturer of general aviation and military aircraft , ranging from light, single-engined aircraft to twin-engined turboprop transports and ...
Cessna was re-sold to Textron in January 1992, the San Diego and Pomona missile production units to General Motors-Hughes Aerospace in May 1992, the Fort Worth aircraft production to Lockheed in March 1993 (a nearby electronics production facility was separately sold to Israeli-based Elbit Systems, marking that company's entry into the US ...
Jack J. Pelton is an American aviation businessman who is chairman of the Experimental Aircraft Association (EAA) since 2012 and its CEO since 2015. He was CEO of Cessna Aircraft Company from 2004 to 2011, a subsidiary of Textron Inc and now a brand of Textron Aviation.
In 2010, major stockholders, the Wolstenholme family of Colmar, Pennsylvania, purchased the company and appointed Bob Wolstenholme as CEO. Following its entry into bankruptcy in 2007, Columbia Aircraft was sold to Cessna in November 2007. [7] [8] [9] Cessna introduced their models as the Cessna 350 and Cessna 400.
Southern Airways Express Cessna Caravan. Southern Airways Express was founded in 2013 by Stan Little, a litigation attorney in Hernando, Mississippi.Little owned a Golden Eagle 421 which was never used by the airline, although his private pilot, Scott Honnoll, did transition to the airline and advanced to the role of assistant chief pilot before returning to general aviation in November 2015.
In 1986, owing to product-liability lawsuits, Cessna, McCauley's parent company and principal customer, stopped producing propeller-driven aircraft (except for the Cessna Caravan) and McCauley's sales fell. [13] In February, 1992, McCauley parent company, Cessna Aircraft, was sold by its parent company, General Dynamics, to Textron, Inc. [14]
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