CESSNA DENIES BABY JET REPORT Cessna Aircraft Company is denying a report by a well-known aviation publication that it is developing a baby jet to compete with the Eclipse 500. "Aviation International News" reported that Cessna would unveil a jet in the four- to five-seat range, powered by a Williams engine and carrying a $2.6-million price tag, at the National Business Aviation Association (NBAA) convention and trade show in Orlando, Florida, next week. A Cessna spokeswoman told "ePilot" that AIN was "reporting rumors." The spokeswoman did confirm that Cessna will announce a new aircraft on Monday, but would not comment...