Scott Donnelly, chairman and CEO of Cessna parent Textron, is encouraged by progress in Cessna’s negotiations to jointly conduct business with China’s AVIC. Cessna has been in active discussions on three separate agreements – a general agreement on the development of business and general aviation in China, another covering Citation production in China, and a third involving Caravan production with AVIC’s CAIGA unit. Donnelly says all three are “progressing well. We’re very close to getting ...
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