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Cessna's Wichita, Kansas operations will provide
components and parts manufacturing and
sub-assemblies for aircraft to be sold by the
joint venture. Joint venture operations in
Zhuhai will be designed to conduct final
assembly, paint, testing, interior installation,
customization, flight testing and delivery of
the Cessna XLS+ business jets to in-country
customers.
"This is an exciting opportunity for Cessna,
given the tremendous growth potential of the
region and our ability to bring high quality,
proven aircraft that people have come to expect
from Cessna," said Scott Ernest, president and
CEO.
Management of the joint venture will include
board members from both Cessna and CAIGA, with
the general manager to be nominated by Cessna
Aircraft Company and the deputy general manager
to be nominated by CAIGA. "We are extremely
pleased with this joint venture contract and we
look forward to producing high-quality business
jets for the Chinese market," said Bill Schultz,
Cessna's senior vice president of Business
Development, China. "Customers can expect
rigorous testing and quality controls that are
the hallmark of our reliable aircraft family."
This joint venture contract stems from the
strategic framework agreement that Cessna
entered into with CAIGA parent company, Aviation
Industry Corporation of China (AVIC), in March
2012. |
