Air Capital Insider

NetJets takes delivery of first Cessna Citation Latitude

NetJets’ first Cessna Citation Latitude, at the company’s hangar.
NetJets’ first Cessna Citation Latitude, at the company’s hangar. Courtesy photo

NetJets said Monday afternoon it has taken delivery of its first Cessna Citation Latitude, and will use the aircraft as well as the next one to follow to demonstrate Textron Aviation’s new midsize business jet to its fractional shareowners and other customers across the country.

NetJets, which is owned by Warren Buffet’s Berkshire Hathaway, is the largest publicly announced customer for the $16 million aircraft that features a 6-foot-high, stand-up cabin. In 2012 it announced a firm order for 25 Latitudes with an option for 125 more.

Textron Aviation last June received type certification for the Wichita-built jet. And in the third quarter of 2015 the company began Latitude deliveries.

NetJets said in a news release that it initially plans to use its second Latitude as a demonstrator that will be based in Europe.

NetJets offers fractional aircraft ownership, private charter and other private aviation services. It has a fleet of more than 700 aircraft.

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