Aircraft
Cessna, Caiga Seal Deal To Build Caravans in China

Cessna Aircraft signed a contract with China Aviation Industry General Aircraft (Caiga) to form a joint-venture company to perform final assembly of Cessna Caravan turboprop singles in Shijiazhuang, China, for the Chinese market. The contract, announced today, stems from the strategic framework agreement that Cessna entered into with Caiga parent company Aviation Industry Corporation of China (Avic) in March.