Geneva, Switzerland - May 3, 2010 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, delivered the 300th Citation Mustang last month from its assembly facility in Independence, Kan., less than three years after the first Mustang delivery.
The 300th Mustang was delivered to retail customer Michael Garnham with Acernus Aero Limited, located in Wellington, New Zealand. This is the second Mustang for Acernus Aero Limited, which took delivery of its first Mustang in early 2007. Both aircraft will be used as part of the company’s property development business as well as charter operations, and both were purchased through Cessna authorized sales representative, Aeromil Pacific, located in Australia.
The Citation Mustang is the world’s first fully certified entry-level business jet. The program was announced at the 2002 National Business Aviation Association convention and the aircraft made its first flight in April 2005. The first Citation Mustang was delivered in April 2007.
Coming in at just over $3 million (2010 delivery), the Mustang features Garmin avionics, Pratt & Whitney Canada engines and boasts a maximum 1,200-nautical mile range.
Photo of 300th Citation Mustang delivery
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About Cessna Aircraft Company
Cessna is the world's leading general aviation company, based on unit sales, with five major lines of business: Citation business jets, Caravan single-engine turboprops, Cessna single-engine piston aircraft, aftermarket services and lift solutions by CitationAir. In 2009, Cessna delivered 754 aircraft, including 289 Citation business jets, and reported revenues of about $3.3 billion. Since the company was originally established in 1927, more than 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.