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Wichita, Kan., April 28, 2008 – Employees at Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, celebrated the roll out of the first production Citation XLS+ on Friday at the company's primary design and manufacturing facilities in Wichita. The XLS+ is the latest version of the world's best-selling business jet model.
The first production unit now will go to paint and interiors, while two flight test aircraft continue to work toward type certification. Federal Aviation Administration certification is expected by mid year, with deliveries starting before the end of 2008.
The upgrade to the mid-size Excel/XLS will feature the fully integrated Rockwell Collins Pro Line 21 avionics suite and electronically controlled (FADEC) engines from Pratt & Whitney Canada.
The original Citation Excel was delivered in May 1998, followed by the Citation XLS in July 2004. The 500th Excel/XLS was delivered in June 2006, making the Excel/XLS the best-selling aircraft of all business jet models since its introduction.
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 $14.5 billion. 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 5,100 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at http://www.cessna.com.
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.
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