Cessna Caravans in Asia Pacific Region

February 23, 2004
Wichita, KS - February 23, 2004 - Cessna Caravans are becoming more popular in the Far East and Pacific region as is evident by the influx of recent sales to new markets. Nearly five percent of Cessna's 1,400 Caravan deliveries have been delivered to the Far East and Pacific region.

In 2004 Cessna will deliver Grand Caravans to Indonesia and Philippine operators. Each aircraft delivery represents a milestone for Cessna. PT Asi Pudjiastuti in Indonesia will be the first private operator of a Grand Caravan in Indonesia; whereas, Corporate Air in the Philippines will have the first Grand Caravan on the Philippine register.

Other large Caravan fleet operators in the region include Shandong Airlines, based in Jinan, China, and China Northern Airlines based in Shenyang, China. Both companies have successfully operated their Caravans for several years, and provide cargo and passenger operations. The Caravans make possible flights into remote regions that cannot be economically served by larger aircraft operated by the airlines.

With over 1,400 Caravans successfully operating in a variety of missions worldwide, the Caravan's wide performance envelope is legendary. This "Sure Thing" from Cessna has repeatedly proven the value of its simple and robust design, reliable systems and safe and forgiving flight characteristics. The Caravan fleet logs over 30,000 hours per month and has exceeded six million flight hours.

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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