Weak dollar helps boost Cessna’s international sales
In spite of the sagging U.S.

In spite of the sagging U.S. economy, global credit crisis and record oil prices, business jet maker Cessna said sales activity remains strong as the cumulative effects of the weak dollar and stepped-up demand from international buyers help to offset such concerns.

The low value of the dollar against other currencies makes it the perfect time to buy for companies and wealthy individuals in Europe, Russia, the Middle East and other places outside North America with quickly expanding economies. And even with oil trading above $147 a barrel, interest in Citation models hasn’t slowed, say Cessna executives.