Cessna has scaled back production plans for its Citation Mustang very light jet to about 70 units this year and is monitoring the market to evaluate whether production adjustments will be necessary for its light and midsize jets, Scott Donnelly, president and chief executive of Cessna parent Textron reports. Cessna originally had planned to build 225 jets this year, including 105 Mustangs. But the company was forced to temporarily halt Mustang production in May as it worked through a ...
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