Aircraft
Cessna Suspends Columbus Program
With “revenues…down significantly in the last year,” Cessna chairman, CEO and president Jack Pelton announced on April 29 that, “To ensure our focus is on

With “revenues…down significantly in the last year,” Cessna chairman, CEO and president Jack Pelton announced on April 29 that, “To ensure our focus is on our strong products in existing markets, we are suspending our development of the Citation Columbus.” He also revealed a decision to reduce production rates for this year and next in response to “a continued decline in global demand for our aircraft.”

Those reduced production rates, in turn, have forced an additional reduction in the work force. On April 29, the company began issuing layoff notices to approximately 1,600 workers at every level of the company.