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Jet.AI Signs Agreement on Cessna Citation CJ4 Gen2 Fleet Order from Textron Aviation for Fractional Program

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Jet.AI has signed a fleet purchase agreement with Textron Aviation for three Cessna Citation CJ4 Gen2 aircraft, scheduled for delivery in Q2, Q3, and Q4 of 2026. The aircraft will be part of a new fractional ownership program, expanding Jet.AI's current fleet which includes three HondaJets, one Citation CJ4, and a King Air 350i. The CJ4 Gen2 is a nine-passenger light jet featuring high speed, 45,000-ft flight ceiling, advanced avionics, and luxurious accommodations. This acquisition complements the company's existing super-mid fleet expansion plans.

Jet.AI ha firmato un accordo per l'acquisto di una flotta con Textron Aviation per tre aerei Cessna Citation CJ4 Gen2, con consegne programmate per il secondo, terzo e quarto trimestre del 2026. Gli aerei faranno parte di un nuovo programma di proprietà frazionata, ampliando la flotta attuale di Jet.AI, che comprende tre HondaJets, un Citation CJ4 e un King Air 350i. Il CJ4 Gen2 è un jet leggero da nove passeggeri che offre alta velocità, un'altitudine di volo massima di 45.000 piedi, avionica avanzata e sistemazioni lussuose. Questa acquisizione completa i piani di espansione della flotta super-mid esistente dell'azienda.

Jet.AI ha firmado un acuerdo de compra de flota con Textron Aviation para tres aviones Cessna Citation CJ4 Gen2, programados para entrega en el segundo, tercer y cuarto trimestre de 2026. Los aviones formarán parte de un nuevo programa de propiedad fraccionada, ampliando la flota actual de Jet.AI, que incluye tres HondaJets, un Citation CJ4 y un King Air 350i. El CJ4 Gen2 es un jet ligero de nueve pasajeros que ofrece alta velocidad, un techo de vuelo de 45,000 pies, avionica avanzada y lujosas comodidades. Esta adquisición complementa los planes de expansión de la flota super-mid existente de la compañía.

Jet.AITextron Aviation과 세 대의 Cessna Citation CJ4 Gen2 항공기에 대한 구매 계약을 체결하였으며, 항공기는 2026년 2분기, 3분기 및 4분기에 배송될 예정입니다. 이 항공기들은 Jet.AI의 새로운 분할 소유 프로그램의 일환이 될 것이며, 현재 3대의 HondaJet, 1대의 Citation CJ4, 그리고 1대의 King Air 350i를 포함하는 Jet.AI의 기존 플릿을 확장합니다. CJ4 Gen2는 9명의 승객을 수용할 수 있는 경량 제트기로, 고속 비행, 45,000피트의 비행 천장, 첨단 항공전자 장비 및 고급스러운 숙소를 제공합니다. 이 인수는 회사의 기존 슈퍼 미드 플릿 확장 계획을 보완합니다.

Jet.AI a signé un accord d'achat de flotte avec Textron Aviation pour trois avions Cessna Citation CJ4 Gen2, dont la livraison est prévue pour le deuxième, le troisième et le quatrième trimestre de 2026. Les avions feront partie d'un nouveau programme de propriété fractionnée, élargissant la flotte actuelle de Jet.AI, qui comprend trois HondaJets, un Citation CJ4 et un King Air 350i. Le CJ4 Gen2 est un jet léger pouvant accueillir neuf passagers, offrant une grande vitesse, un plafond de vol de 45 000 pieds, une avionique avancée et des hébergements luxueux. Cette acquisition complète les plans d'expansion de la flotte super-mid existante de l'entreprise.

Jet.AI hat einen Flottenkaufvertrag mit Textron Aviation für drei Cessna Citation CJ4 Gen2 Flugzeuge unterzeichnet, die im zweiten, dritten und vierten Quartal 2026 geliefert werden sollen. Die Flugzeuge werden Teil eines neuen fractional ownership Programms, das die bestehende Flotte von Jet.AI erweitert, die drei HondaJets, ein Citation CJ4 und einen King Air 350i umfasst. Der CJ4 Gen2 ist ein leichter Jet für neun Passagiere, der hohe Geschwindigkeiten, eine Flughöhe von 45.000 Fuß, moderne Avionik und luxuriöse Unterkünfte bietet. Diese Akquisition ergänzt die bestehenden Expansionspläne der Super-Mid-Flotte des Unternehmens.

Positive
  • Fleet expansion with three new Cessna Citation CJ4 Gen2 aircraft
  • Launch of new fractional ownership program
  • Strategic growth complementing existing super-mid fleet expansion plan
Negative
  • Long delivery timeline (2026) for new aircraft
  • Significant capital investment required for fleet purchase

Insights

The fleet expansion with three Cessna Citation CJ4 Gen2 aircraft represents a significant strategic move for Jet.AI's fractional ownership program. The multi-million dollar investment (typical list price per aircraft is around 11 million) signals strong market demand and confidence in the light jet segment. The CJ4 Gen2's specifications, including its 9-passenger capacity and 45,000-ft ceiling, position it well against competitors in the fractional ownership market.

The scheduled deliveries throughout 2026 indicate a methodical fleet expansion strategy, allowing time for market development and sales of fractional shares. This complements their existing fleet mix and super-mid expansion plans, suggesting a multi-tier service strategy targeting different market segments. The focus on the proven CJ4 platform minimizes operational risks while offering attractive economics for both the operator and fractional owners.

LAS VEGAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc., an innovative private aviation and artificial intelligence company, announced a fleet purchase agreement with Textron Aviation Inc. for the purchase of three Cessna Citation CJ4 Gen2 aircraft.

With deliveries scheduled for Q2, Q3 and Q4 of 2026, the new aircraft will join the Jet.AI fleet as part of a brand-new CJ4 Gen2 fractional program. Jet.AI offers fractional jet ownership for individuals and businesses seeking flexible and convenient private aviation solutions.

“Because our customers love the Cessna Citation CJ4 we already operate we’re enthusiastic about edging into more capacity in this aircraft – the largest member of Textron Aviation’s legendary CJ family,” said Mike Winston, Founder and Chairman of Jet.AI. “Since its introduction 14 years ago, the CJ4 has been continually improved by Textron Aviation and has established a track record of reliable service. It offers existing light jet customers an excellent upgrade option to serve their travel needs.”

Fractional owners will enjoy guaranteed access to the Citation CJ4 Gen2, a nine-passenger, light jet known for its high speed, 45,000-ft flight ceiling, advanced avionics suite, quiet cabin, luxurious seating, and seamless connectivity. The CJ4 Gen 2 is designed for both comfort and operational efficiency, and fits fractional ownership clients who depend on private aviation for both business and personal use.

Jet.AI currently operates three HondaJets, one Citation CJ4 and a King Air 350i aircraft. This agreement comes in addition to its existing super-mid fleet expansion plan.

About Jet.AI

Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of standalone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer’s brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup® champions. The Company was founded in 2018 and is based in Las Vegas, Nevada and San Francisco, California.

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FAQ

When will Jet.AI (JTAI) receive delivery of the new Cessna Citation CJ4 Gen2 aircraft?

Jet.AI will receive the three Cessna Citation CJ4 Gen2 aircraft in Q2, Q3, and Q4 of 2026.

How many aircraft are currently in Jet.AI's (JTAI) fleet?

Jet.AI currently operates three HondaJets, one Citation CJ4, and a King Air 350i aircraft.

What is the passenger capacity of the Cessna Citation CJ4 Gen2 ordered by Jet.AI (JTAI)?

The Cessna Citation CJ4 Gen2 is a nine-passenger light jet.

How many new Cessna Citation CJ4 Gen2 aircraft has Jet.AI (JTAI) ordered?

Jet.AI has ordered three Cessna Citation CJ4 Gen2 aircraft from Textron Aviation.

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