← All articles

§A · Dispatch · Landing

Truist Financial flies to Charlotte after a week of earnings momentum and tech strategy news

The bank's Citation Latitude returns home after a Sunday departure, the same week it touted higher profit targets and a major India tech hub.

By celebplanes · 1 min read · Truist Financial

Truist Financial corporate logo

Truist Financial

Truist Financial's Cessna Citation Latitude (N405T) flight path — 16SC — Horseshoe Landing to KCLT — Charlotte Douglas
Flight path · 16SC — Horseshoe LandingKCLT — Charlotte Douglas · 17m airborne
Listen — voice briefing0:33
0:00-0:33
Departure
16SC — Horseshoe Landing
Arrival
KCLT — Charlotte Douglas
Airborne
17m
Distance
56 nm
CO₂
572kg

Truist Financial's Cessna Citation Latitude, tail N405T, departed from Horseshoe Landing Airport in South Carolina on the evening of June 14 and landed at Charlotte Douglas International Airport 17 minutes later, a short hop that brought the bank's leadership back to headquarters after a weekend trip.

The flight touches down the same week Truist Financial is digesting a flurry of news from the previous months: the bank reported strong first-quarter earnings in April, raised its long-term return-on-tangible-common-equity target to 16-18%, and announced a $500 million-plus deal with Infosys to build a global capability center in India, as covered by the Charlotte Business Journal and American Banker. CEO Bill Rogers also presented at the Bernstein and Morgan Stanley conferences in late May and early June, where he described client activity as "constructive" and noted that businesses have "capitulated to uncertainty in rates" and are moving ahead with investments.

The brief Sunday evening flight follows a pattern of Truist Financial executives using the aircraft for weekend travel, often returning to Charlotte from various southeast destinations ahead of the Monday workweek. For a bank that just raised its stock buyback target to $5 billion and is rolling out a new tech nerve center, the short journey home likely marks a pause before another busy week of execution.

Aboard the Cessna Citation Latitude

Cessna Citation Latitude exterior — Truist Financial's private jet (N405T)
Cessna Citation Latitude cabin floor plan — Truist Financial's private jet interior layout
Exterior & cabin layout · Cessna Citation Latitude

The aircraft

Type
Cessna Citation Latitude
Tail
N405T
Max alt
23,000 ft
Max speed
473 kt

End of article · celebplanes