Cessna Announces Four-Aircraft Sale to Dubai's Gulf Jet

May 03, 2006

Geneva, Switzerland - May 3, 2006 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, today announced the sale of four new business aircraft to Gulf Jet-UAE, the first aircraft charter company in Dubai.

Gulf Jet-UAE will take delivery of one Citation Sovereign in June, and three Citation XLS aircraft in 2007 for its charter operations in the Middle East.

"The Cessna aircraft are particularly well suited for our operations, given their superb combination of range, cabin comfort, low operational costs and excellent reliability," said Gulf Jet-UAE President and CEO Yosef Al-Ghareeb. "We were particularly impressed with their capability in high-temperature operations, thanks in large part to the performance of the Pratt & Whitney Canada engines."

"We think this sale is another indication of the growing strength of the business jet market in the Middle East," said Cessna Senior Vice President, Sales and Marketing, Roger Whyte. "The booming economy of the Emirates is tailor-made for the Gulf Jet-UAE operation, and we're certainly excited about our role in developing the charter market there."

The Sovereign is powered by twin PWC306C engines and the XLS relies on twin PWC545B engines. The Citation Sovereign has a range of 5,339 km (2,881 nm) and the XLS has a range of 3,441 km (1,858 nm), giving both models the range to reach any part of the region, including India.

Both the Citation Sovereign and the Citation XLS are being displayed at EBACE 2006 as part of Cessna's large contingent of aircraft.

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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