Statement from William J. Schultz, CEO and President, CitationAir Inc on stopping selling fractional shares

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Statement from William J. Schultz, CEO and President, CitationAir Inc.

1/31/12: Statement from William J. Schultz, CEO and President, CitationAir Inc.

“Beginning today, CitationAir will be streamlining our offerings to deliver those products in our portfolio which have demonstrated the greatest customer demand.  As a result, we are suspending sales of our Jet Share and Jet Access products and refocusing our efforts on our popular Jet Card and Jet Management lines of business.  CitationAir continues to be a vital business unit of Cessna Aircraft Company.

CitationAir remains fully committed to our customers and will continue to support current Jet Share and Jet Access contracts with the highest safety standards and our award-winning Yellow Tie(r) service until they expire, and then will buy back the shares in accordance with our customers’ agreements.  At that point in time, if our Jet Card product suits their needs, we will help facilitate a smooth transition into a Jet Card.

We have never wavered in our commitment to our customers, and we remain as committed as ever to providing them with superior products and services today and in the future.”

 

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