Wichita, KS - November 30, 2009 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, has delivered the 300th Citation X to its authorized sales representative, Jetalliance, based in Vienna, Austria. The Citation X will be operated from Vienna by an unnamed retail customer. Jetalliance is Cessna's authorized sales representative for Russia and Eastern Europe.
"The Citation X continues to be a popular aircraft all over the world, including Europe. The exceptional speed, reliability, and cabin comfort offered by the Citation X have contributed to its great success," said Trevor Esling, Cessna's vice president, International Sales.
The Citation X is the world's fastest non-military aircraft with a top speed of .92 Mach, just under the speed of sound. Since launch, Cessna has delivered more than 45 Citation Xs to the EMEA region (Europe, Middle East, and Africa).
The Citation X is the top of Cessna's line of light and mid-size business jets and was announced at the 1990 National Business Aviation Association annual meeting and convention. The first Citation X was delivered to golf legend and long-time Cessna customer, Arnold Palmer, in 1996.
About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2008, Cessna delivered 1,301 aircraft, including 467 Citation business jets, and reported revenues of about $5.662 billion. Since the company was originally established in 1927, some 192,000 Cessna airplanes have been delivered around the world, including more than 6,000 Citations, making it the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, 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, and Textron Systems. 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 cancellations or deferrals 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; [h] bankruptcy or other financial or performance problems at major suppliers or subcontractors that could cause disruptions in our supply chain; [i] continued difficult conditions in the financial markets resulting in adverse impacts to our customers, including difficulty in obtaining financing for the purchase of our products; and [j] continued volatility in the economy resulting in a prolonged downturn in the business jet market.