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The M2 is a faster and larger aircraft, but it can operate from similar-length runways and requires the more-common C/E-525 type rating, which potentially reduces training and crewing costs over the Mustang. [9] [10] A total of 479 examples of the Citation Mustang were produced. [2] In 2018, used 2009-2016 Mustangs were priced at $1.85-2.5 ...
The Cessna Citation is a family of business jets manufactured by Cessna that entered service in 1972. [1] In the fifty years following the type's first flight in 1969, more than 7,500 Citations were delivered, forming the largest business jet fleet in the world. [ 2 ]
The Cessna CitationJet/CJ/M2 (also known as the Model 525) are a series of light business jets built by Cessna, and are part of the Citation family. Launched in October 1989, the first flight of the Model 525 was on April 29, 1991.
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.
The Cessna Citation Mustang was the first production VLJ, first delivered in November 2006, [11] [12] [13] and discontinued in May 2017, [14] and the Cirrus Vision SF50 is the first single-engine production VLJ, beginning deliveries in December 2016. [15] [16] Business jet sales suffered due to the late 2000s recession.
The larger PW615F was selected to power the Cessna Citation Mustang in January 2003. [2] The 1,460 lbf (6.5 kN) thrust engine was certified on June 26, 2006. [4] The aircraft was certified on 8 September 2006, and deliveries began on November 22. Production ended in 2017 after 479 aircraft were built.
The most-sold VLJ is the Cessna Citation Mustang. The very light jet (VLJ) is a classification initiated by the release of the Eclipse 500 , [ 34 ] [ 35 ] [ 36 ] on 31 December 2006, which was originally available at around US$1.5 million, cheaper than existing business jets and comparable with turboprop aircraft.
The Cessna Citation V (company designation Model 560) is a business jet built by Cessna that was in production from 1989 until 2011. During that time, 774 such craft were made. The first Model 560 prototype, a stretched version of the Citation S/II, flew in August 1987 and was certified on December 9, 1988.