Atlas Air Service Places First CJ2+ Fleet Order

October 12, 2004
Las Vegas, NV - October 12, 2004 - Atlas Air Service has placed an order for three of Cessna's newly announced Citation CJ2+. Atlas Air Service is Cessna's Citation Authorized Sales Representative for Germany, and is the first to place a fleet order. The aircraft are scheduled for delivery in late 2006 and early 2007.

"I have sold 16 CJ2s to German customers and every operator is impressed by the CJ2's great performance, low operational cost and reliability," said Michael Laux, Managing Director of Atlas Air Service. "Most of the CJ2 operators come from heavy turboprops and they are surprised they can operate their CJ2 less expensively. Plus, they can cruise approximately 100 knots faster, fly 20,000 feet higher, and have less workload in the cockpit. My customers often say, 'Why buy a truck, if I can have a Porsche for less money'"
Germany is Cessna's largest European Citation market with 120 Citations based there. Of these, the most popular models are the CitationJet, Citation CJ1, and Citation CJ2. Germany hosts more Citation CJ1s and CJ2s than any country other than the United States.

"The CJ2+ adds more features to the thriving CJ2. The attraction of the CJ2+ for German operators is the cabin, runway performance, range, and speed benefits. It also meets steep approach requirements for the London City airport," said Trevor Esling, Cessna's Director of International European Citation Sales. "The CJ2 has been highly sought after by those transitioning to a jet from a traditional piston and turbo-prop twin because of its performance and direct operating cost. This is especially true for charter operators who want to save large amounts of time at a comparable direct operating cost."

The Citation CJ2+ is the newest addition to the market-pacing Citation model 525 series. The new performance, avionics, cabin features, and standard equipment package differentiate the new Citation CJ2+ from its predecessor. The Citation CJ2+ provides the most advanced avionics ever seen on this class of aircraft, FADEC engines, increased maximum payload, and more standard equipment compared than other aircraft in this class.

Atlas Air Service is located in Ganderkesee, Germany. They have been a Cessna Authorized Sales Representative since 1996 and are responsible for Cessna's Citation sales in Germany.

Cessna Aircraft Company is a subsidiary of Textron Inc. (NYSE: TXT). Textron is a $10 billion multi-industry company with more than 43,000 employees in 40 countries. The company leverages its global network of aircraft, 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 Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com. More information about Cessna Aircraft Company is available at www.cessna.com

For additional information or questions about the general aviation industry, contact the General Aviation Manufacturers Association (GAMA) at 202-393-1500 or www.GAMA.aero.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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