Cessna Brings Citation Business Jet Line to Moscow's Jet Expo 2008

September 17, 2008
Moscow, Russia - September 17, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, has brought the top four Citation business jets favored by customers in Russia to the Jet Expo 2008 international business aviation exhibition at Moscow's Crocus Expo complex.

"It's wonderful to see this event mature right along with Cessna's sales and support growth strategy for Russia," said Roger Whyte, senior vice president of Sales & Marketing. "Jet Expo offers great access to the Russian market and allows us to build on the solid presence we've established through a valuable relationship with our partner, JETALLIANCE."

Cessna's aircraft static display includes the entry-level Citation Mustang, the Citation Excel, the Citation Sovereign and the Citation X, the world's fastest civil business jet.

"These represent the most popular models among the Russian general aviation fleet, which is experiencing strong growth," Whyte said. "We are also finding great interest in the Citation XLS+, and we anticipate robust sales as we progress on our all-new, large-cabin Citation Columbus program."

Worldwide Citation deliveries hit 387 in 2007, up from 307 in 2006 and an increase of 50 percent from 2005. Cessna plans to deliver 470 new business jets this year, and 535 in 2009.

The company reported 435 orders for Citations in the first six months of 2008. Cessna took a record 773 business jet orders in 2007.

"In the past, we'd seen as much as a 70/30 split of domestic versus international sales," Whyte said. "In 2007 that split was nearly even, and it is creeping more toward 40/60 this year with the help of emerging economies like Russia. Russia's temporary suspension of customs duties on imports, including general aviation products, is certain to boost sales."

JETALLIANCE Group is one of the world's leading business jet enterprises, offering a unique turnkey solution for business jet customers. With JETALLIANCE, the customer can purchase, finance, operate and maintain an aircraft. The group's subsidiary, JETALLIANCE Flugbetriebs GmbH, operates a fleet of 35 aircraft with an average age of only three years - one of the youngest fleets in Europe. It operates commercially in Europe and is FAA Part 129 certificated, allowing commercial operations throughout North America.

About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272 aircraft, including 387 Citation business jets, and reported revenues of about $5 billion. Cessna has a current backlog of $16 billion through June 30, 2008. Since the company was originally established in 1927, some 191,000 Cessna airplanes have been delivered around the world, including more than 5,400 Citations, making it the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at http://www.cessna.com.

About Textron Inc.
Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 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 Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

Forward-looking Information: Certain statements in this release are forward-looking statements and 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 but not limited to the following: [a] changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; [b] the interruption of production at our facilities or at our suppliers' facilities; [c] the timing of new product launches and certifications of new aircraft products; [d] the occurrence of slowdowns or downturns in customer markets in which our products are sold or supplied; [e] changes in aircraft delivery schedules or cancellation of orders; [f] the launching of significant new products or programs which could result in unanticipated expenses; [g] changes in national or international government policies on the export and import of commercial products; and [h] bankruptcy or other financial problems at major suppliers that could cause disruptions in our supply chain.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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