Cessna Aircraft Company debuts latest aircraft at FIDAE

March 25, 2014

WICHITA, Kan., Mar. 25, 2014 – Cessna Aircraft Company, part of the Textron Aviation segment of Textron Inc. (NYSE:TXT), is this week displaying four of the company’s newest Cessna aircraft to attendees of the International Air and Space Fair (FIDAE) in Santiago, Chile.

The Cessna TTx, Cessna Grand Caravan EX, Citation M2 and Citation Sovereign+ are all on show to FIDAE visitors for the first time.

Bob Gibbs, vice president, Sales, Latin America, says: “We fully expect all four aircraft to become firm favorites in the region. Cessna Citations, for example, are already the most popular business jets in South America, with a fleet of over 720 Citations delivered to the region. As our aircraft on display this week show, we continue to listen to our customers and invest in new products and upgrades.”

The Cessna TTx is the world’s fastest commercially produced and certified fixed-gear single-engine aircraft, offering a top speed of 235 ktas (270mph). TTx owners can enjoy flying the aircraft nonstop on routes including São Paulo (Brazil)-Buenos Aires (Argentina).

With a range of 1,467km (792nm), the Grand Caravan EX offers passengers the convenience of flying nonstop on routes such as Buenos Aires-Asunción (Paraguay). The aircraft offers more horsepower than the original Grand Caravan and can undertake a great variety of missions in hard-to-access areas of the world, including demanding Latin American terrain.

The entry-level Citation M2 business jet, which only entered service in December 2013, has already been ordered by customers in Argentina, Venezuela and Brazil. The aircraft offers a maximum cruise speed of 400 ktas (460mph) and a range of 1,300nm. The M2 can operate at airports with runways as short as 3,250 feet.

An ideal aircraft for the Latin America region, the nine-passenger Citation Sovereign+ offers a range of 5,556km (3,000nm) and can fly nonstop from, for example, Rio de Janeiro (Brazil) to Panama City or from Caracas (Venezuela) to Lima (Peru).

About Textron Aviation
Textron Aviation is the leading general aviation authority and home to the iconic Beechcraft, Cessna and Hawker brands which account for more than half of all general aviation aircraft flying. Textron Aviation includes the businesses of Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s largest global service network.

About Textron Inc
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. For more information visit: www.textron.com

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; and continued demand softness or volatility in the markets in which we do business.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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