Cessna Announces 14-Aircraft Order to Hao Hai General Aviation Company

March 07, 2011

Hong Kong – March 7, 2011 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at Asian Aerospace in Hong Kong that Hao Hai General Aviation Company Ltd will add 11 Grand Caravan utility turboprop aircraft to its existing fleet of two Grand Caravans. Additionally, Hao Hai will take delivery of three new Citation Encore+ business jets.

Hao Hai is a wholly-owned subsidiary of a major logistics provider in China. Deliveries of the aircraft are expected in the first half of 2011.

 

The Grand Caravan can take off from airfields as short as 2,420 feet, has a range of 917 nautical miles and has a maximum cruise speed of 184 knots true airspeed. The first Grand Caravan was delivered in 1990 and Cessna has now delivered more than 1,500 of the aircraft type.

The Encore+ has a range of 1,785 nautical miles and travels as fast as 428 knots true airspeed. It features twin Pratt & Whitney Canada PW535B engines equipped with dual-channel Full Authority Digital Engine Control (FADEC) and the Collins Pro Line 21 avionics suite.

High-resolution photo: Hao Hai, Textron and Cessna executives

Cutline — Pictured left to right in front of a Citation Encore+: Martin Lin, president, Textron China; Ching Pu Wang, president, Hao Hai General Aviation; Ching Hai Wang, chairman, Hao Hai International; and Robert Hollander, regional sales manager, Cessna.

About Cessna Aircraft Company
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered more than 192,500 airplanes around the globe. This includes more than 6,100 Citation business jets, making it the largest fleet of business jets in the world. Today, Cessna has two principal lines of business: aircraft sales and aftermarket services. Aircraft sales include Citation business jets, Caravan single-engine utility turboprops, single-engine piston aircraft and lift solutions by CitationAir. Aftermarket services include parts, maintenance, inspection and repair services. In 2010, Cessna delivered 535 aircraft, including 179 Citation business jets, and reported revenues of $2.6 billion. More information about Cessna Aircraft Company is available at 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.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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