Cessna Reports Strong Citation Columbus Demand from Middle East

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 some 10 percent of orders for its new large cabin business jet, the Citation Columbus, have come from the Middle East.

Cessna launched the Columbus program earlier this year and holds more than 70 orders for the aircraft, priced at $27 million (2008 price). Wallan Aviation, Cessna’s authorized sales representative in the Middle East, has already resold its initial order of three Columbus aircraft and has placed a follow on order for three additional units.

The Citation Columbus is expected to gain full certification in 2013 and enter service in 2014. It is expected to be the only aircraft in its class capable of 4,000 nautical miles (7,408 kilometers) non-stop at Mach .80. Preliminary performance numbers set a maximum cruise speed of 488 knots (904 kilometers per hour, Mach .85), a maximum operating speed of Mach .86, a full fuel payload of 1,950 pounds (886 kilograms) and takeoff field length of 5,400 feet (1,646 meters) at maximum takeoff weight.

“Cessna had the needs of Middle Eastern customers very much in mind when designing the Citation Columbus,” said Cessna Vice President, International Sales, Trevor Esling. “It will offer non-stop range from Dubai to London, the largest cabin in its class, and ample space for luggage. We believe it is a very compelling proposition for a $27m aircraft and are confident it will continue to attract many more orders across the region.”

At the recent the National Business Aviation Association Meeting and Convention in Orlando, Florida, Cessna unveiled a revised full scale mock-up of the Citation Columbus concept, demonstrating progress to date on the program and two years of intensive research on customer preferences. Visitors to Cessna’s static display at MEBA 2008 are able to view the original Columbus mock-up.

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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