Cessna Receives NetJets Awards

September 05, 2006

Wichita, KS – September 5, 2006 – Cessna Aircraft Company, a subsidiary of Textron Inc. (NYSE: TXT), has been recognized twice this year for cooperative efforts contributing to the overall success of NetJets® Inc., a Berkshire Hathaway Inc. company and Cessna's largest customer.

Cessna received the first-ever NetJets Annual Performance Award. The award was given for process improvements Cessna implemented in 2005 to decrease maintenance down-time on jets operated by NetJets Aviation Inc., a NetJets subsidiary. After applying Six Sigma lean improvement processes, NetJets Aviation's up-time was increased by 30 percent or a reduction of maintenance time by four days per jet operated.

Cessna's Wichita, Kansas, business jet service center also received the second quarter 2006 Base Maintenance Award for large stations from NetJets. This award is given for helping reduce downtime for NetJets Aviation's fleet and for the dedication to quality exhibited by the Cessna employees who work on the aircraft.

"Everything we do at Cessna is centered on putting our customer first, and that makes these awards from NetJets very meaningful to us," said Ron Chapman, senior vice president of customer service at Cessna. "They confirm we are headed in the right direction, and through our customers' feedback we will continue to find ways to improve our service to NetJets and each of our operators."

With more than 600 aircraft, NetJets, through its operating companies such as NetJets Aviation, is the world's largest operator of private business jets. Among the fleet of more than 600 aircraft, more than 240 are Cessna Citation business jets, making NetJets the largest operator of Citations.

Cessna has the world's most comprehensive business jet service network. Cessna-owned Citation Service Centers are located at nine major U.S. airports, as well as Paris, France. In addition, authorized service stations for Citations are located in more than fifteen countries.

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2005, Cessna delivered 1,156 aircraft and reported revenues of about $3.5 billion. Since the company was originally established in 1927, more than 187,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 4,500 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees. 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, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

Connect with Textron IR

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

Email Alert

Enter your Email *
Mailing Lists *

Enter the code shown above.