Cessna Expands Labor Coverage Program to Citation CJ3

July 22, 2008
Wichita, KS - July 22, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, has expanded its labor coverage program beyond the Citation Mustang to CJ3 customers.

ProTech is the latest addition to the Cessna ProAdvantage family of comprehensive maintenance programs and started when deliveries of the all-new Citation Mustang began in April 2007. Now expanded to another Citation model, the program complements parts and engine offerings by giving customers the option to pay a monthly fee to cover all labor costs for regular maintenance based on an annual average amount. If labor exceeds the projected amount, ProTech covers any additional costs.

"Citation customers will find that ProTech allows them to better plan and budget for their maintenance costs nose-to-tail," said Stan Younger, vice president, Service Facilities. "Adding ProTech to an existing ProParts program may also increase the resale appeal of the aircraft because the program is transferable."

Customers can select one of three operational tiers based on projected aircraft use. Maintenance can be conducted at any of the 10 Cessna-owned Citation Service Centers or participating authorized facilities around the world.

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 190,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 5,200 Citations is 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
Scott Hegstrom, Investor Relations and Mergers & Acquisitions and Strategy
(401) 457-2288

Kyle Williams, Manager, Investor Relations
(401) 457-2288

Registered Shareholders Services & Information
Equiniti
Phone: +1 (800)-468-9716
https://equiniti.com/us/
https://www.shareowneronline.com/

Email Alert

Enter your Email *
Mailing Lists *





 
Enter the code shown above.