Cessna’s Citation Sovereign Remains Strong in Brazil

August 13, 2008
Sao Paulo, Brazil - August 13, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, continues to enhance the functionality of its popular Citation Sovereign, on display here this week at the Latin American Business Aviation Conference & Exhibition.

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 becoming a very popular model in Brazil due to its excellent value in this segment,” said Cessna Vice President, International Sales, Trevor Esling. “Cabin size, speed and range, and particularly its short-field 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).

WAAS LPV approach capability is scheduled for introduction on the Sovereign during 2009. The Wide Area Augmentation System (WAAS) corrects minor GPS signal errors and enables GPS-based, precision-style Localizer Performance with Vertical Guidance (LPV) approach capability within the United States.

*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 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, 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, 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

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.