Cessna said deliveries are scheduled to begin in the third quarter of this year. The new Citation Latitude represents the perfect balance of comfort and efficiency and is the first business jet to combine a roomy, flat floor, stand-up cabin, with a midsize price and best-in-class operating costs.

“From inception, we looked at every aspect of how we design, build and deliver new products to the market with the goal to further improve upon the key attributes that make the Citation so highly esteemed,” said Scott Ernest, president and CEO of Textron Aviation.

“Throughout the certification program, the Latitude demonstrated breakthrough results, which are evident in the aircraft’s performance and value proposition. And now, customers can experience firsthand how the Latitude can reduce operating costs, while increasing productivity and profitability for their businesses.”

Cessna said among its first customers is NetJets that has ordered up to 150 Citation Latitude business jets, with initial deliveries beginning in 2016.