“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Cessna Sets Sail with Long-awaited Columbus
Cessna's large-cabin Citation, the Columbus, is a "go" for launch. The all-
aluminum jet can seat 10 passengers and will cost $27 million (2008 dollars). First flight is expected in 2011, with FAA certification scheduled for 2013 and first deliveries in 2014. In a departure from how it currently builds Citations, Cessna is outsourcing construction of the fuselage and empennage to Spirit AeroSystems. Pratt & Whitney Canada's new 8,830-pound-thrust PW810 engine will power the Columbus, and Rockwell Collins will supply its Pro Line Fusion glass cockpit. The jet will have a 4,000-nautical-mile range at Mach 0.80 and a maximum cruise speed of Mach 0.85. Required takeoff distance at maximum takeoff weight will be 5,400 feet. Cessna has letters of intent for purchase of 70 of the aircraft.

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