Textron's Cessna Selects FlightSafety for Citation Mustang Training

September 14, 2005

Wichita, KS - September 14, 2005 - Cessna Aircraft Company, a Textron company (NYSE: TXT), today announced that FlightSafety International has been selected to provide initial type training for the company's Citation Mustang new generation entry-level jet.

According to Roger Whyte, Cessna's senior vice president of sales and marketing, "The selection of FlightSafety is the extension of a mutually beneficial relationship that has existed for more than three decades."

Training will be available to Mustang buyers prior to the delivery of the first aircraft late next year and will be conducted at the FlightSafety Cessna Learning Centers in Wichita, Kansas, and Farnborough, England. "Due to the large number of overseas orders, it was determined that the location for training close to the customer was an absolute must," Whyte said.

Bruce Whitman, President, FlightSafety International, said, "We are pleased Cessna has selected FlightSafety as their training partner for the Mustang and look forward to serving the owners and operators of this new aircraft. Our experience, industry-leading technical expertise and comprehensive training programs will contribute to the safe operation of the Mustang."

Distance learning will be used to provide Mustang-specific and ancillary courses via the worldwide web. The use of distance learning will maximize the time spent at the learning center by focusing on the essential simulator training element of the initial course.

Cessna also announced FlightSafety International will provide Mentoring Services for Citation Mustang customers. The Mentoring Services concept provides pilots who have been type rated on the aircraft with the opportunity to fly with FlightSafety instructors for a period of time before they begin operating the aircraft on their own. A core set of operational scenarios will be coupled with the routes to be flown by the customer to strengthen proficiency in day-to-day Mustang operation.

FlightSafety will design and build two motion-based Level "D" flight simulators and two avionics flight training devices (FTD).

The Citation Mustang is a twin-engine, turbofan powered, six-seat business jet. Designed to operate at altitudes up to 41,000 feet, the Mustang was first announced at the 2002 National Business Aviation Association (NBAA) convention. The prototype aircraft made its first flight April 23 and, to date, has logged 248 hours. The first production Citation Mustang achieved first flight August 29, a month earlier than planned. FAA certification of the aircraft is expected in late 2006.

Based on unit sales, Cessna is the world's largest manufacturer of general aviation aircraft. In 2004, Cessna delivered more than 900 aircraft and reported revenues of about $2.5 billion. Since the company was originally established in 1927, more than 180,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 4,000 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com. Cessna Aircraft Company is a subsidiary of Textron Inc., a $10 billion, multi-industry company with 44,000 employees in 40 countries.

Forward-looking Information: Certain statements in this report and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or other financial measures. These forward-looking 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 forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the following: [a] the extent to which Textron is able to achieve savings from its restructuring plans; [b] uncertainty in estimating the amount and timing of restructuring charges and related costs; [c] changes in worldwide economic and political conditions that impact interest and foreign exchange rates; [d] the occurrence of work stoppages and strikes at key facilities of Textron or Textron's customers or suppliers; [e] Textron's ability to perform as anticipated and to control costs under contracts with the U.S. Government; [f] the U.S. Government's ability to unilaterally modify or terminate its contracts with Textron for the Government's convenience or for Textron's failure to perform, to change applicable procurement and accounting policies, and, under certain circumstances, to suspend or debar Textron as a contractor eligible to receive future contract awards; [g] changes in national or international funding priorities and government policies on the export and import of military and commercial products; [h] the adequacy of cost estimates for various customer care programs including servicing warranties; [i] the ability to control costs and successful implementation of various cost reduction programs; [j] the timing of certifications of new aircraft products; [k] the occurrence of slowdowns or downturns in customer markets in which Textron products are sold or supplied or where Textron Financial offers financing; [l] changes in aircraft delivery schedules or cancellation of orders; [m] the impact of changes in tax legislation; [n] the extent to which Textron is able to pass raw material price increases through to customers or offset such price increases by reducing other costs; [o] Textron's ability to offset, through cost reductions, pricing pressure brought by original equipment manufacturer customers; [p] Textron's ability to realize full value of receivables and investments in securities; [q] the availability and cost of insurance; [r] increases in pension expenses related to lower than expected asset performance or changes in discount rates; [s] Textron Financial's ability to maintain portfolio credit quality; [t] Textron Financial's access to debt financing at competitive rates; [u] uncertainty in estimating contingent liabilities and establishing reserves to address such contingencies; [v] performance of acquisitions; and [w] the efficacy of research and development investments to develop new products.

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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