Wichita, Kan., February 28, 2007 – Cessna Chairman, President and CEO Jack J. Pelton last week gave his perspective of trends in general aviation in a speech at the Business Plus Speaker Series at the University of Northern Colorado in Greeley, Colo.
Cessna is a Textron Inc. (NYSE: TXT) company.
MicroJet Market Will Be Worth Over $2.5 Billion Over The Next Five Years
Cheltenham, September 15, 2006 - The very light business jet aircraft market will be worth $2.52 billion and will see the delivery of 1,403 aircraft between 2007 and 2011, according to a new study on the very light business jet (VLBJ)- or microjet - market by global aviation consultants PMI Media Ltd.
VLJ's and Others Expected to Generate Growth in North American Ground-based Flight Simulators and Simulation Solutions Market
PALO ALTO, Calif. – September 14, 2006 – Even as rising fuel costs and turbulent airline profits have decreased demand for ground-based flight simulation solutions, the entry of very light jets (VLJs) and wide and narrow-body aircraft such as Boeing 787 and Airbus 380 in North America will regenerate opportunities for comprehensive, integrated flight simulators and simulation solutions for airlines and operators.
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