Cessna Delivers Second Citation Sovereign to Prestige Jet

November 16, 2008
Dubai, UAE - November 16, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the 2008 Middle East Business Aviation show (MEBA) in Dubai that it has delivered a second Citation Sovereign to Prestige Jet of Abu Dhabi. The company is also evaluating the possibility of adding a third Citation Sovereign to its fleet.

Since its launch in May 2007, Prestige Jet has rapidly grown into one of the Gulf’s largest executive air charter operators. Having taken delivery of its first Citation Sovereign in 2007, the company this summer added a second Sovereign to its fleet.

“This year we have seen continued strong demand for our services, with our average aircraft utilization running 40 percent above forecast,” said Prestige Jet's managing director Faris Deeb. “The addition of a further Citation Sovereign will enable us to offer our clients even more flexible VIP transport solutions.” Since the first delivery in late 2004, more than 220 Sovereigns have been delivered and the fleet has amassed more than 185,000 flight hours.

“The Citation Sovereign is a very popular model in the Middle East, as it is well suited to the region’s needs," said Cessna’s vice president for International Sales, Trevor Esling. “Its cabin size and comfort, ample stowage space, and high temperature performance combine to make it an easy choice for a mid-size business jet.”

Certified for operations to 14,326 meters (47,000 feet), the Sovereign can take off from airfields as short as 1,109 meters (3,640 feet)* and has a range of 5,272 kilometers (2,847 nautical miles) and a maximum cruise speed of 848 kilometers per hour (458 knots true air speed/527 miles per hour).

*Max takeoff weight, sea level, ISA, balanced field length per FAR 25, 150 flaps

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 backlog of $15.6 billion as of September 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. (NYSE: TXT) is a $12.6 billion multi-industry company operating in 28 countries with approximately 42,000 employees. The company leverages its global network of aircraft, defense and intelligence, 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, 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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