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FARNBOROUGH, England, July 14, 2008
Cessna Approaching 100th Citation Mustang Delivery
Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, is approaching the 100th delivery of a Citation Mustang – more than half of which have gone to international owners and operators.
The Citation Mustang, on display this week at the Farnborough International Airshow, is certified in 48 countries and has gained global popularity since entering service in April 2007. Forty-five aircraft were delivered in 2007, and Cessna plans to celebrate the 100th unit in August. The company expects to deliver 100 Mustangs this year, about three of every five going to international customers.
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Cessna Citation XLS+ to Enter Service This Quarter
With Federal Aviation Administration type certification in hand, Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, is moving toward first delivery of the Citation XLS+ by the end of the third quarter.
Cessna received FAA certification for the XLS+ on May 30 following a 640-hour flight test program; European Aviation Safety Agency certification is in progress and expected by early 2009.
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Cessna Expands European Citation Service Center Capabilities
Cessna’s European Citation Service Center, located at Le Bourget Airport near Paris, is moving toward round-the-clock support for aircraft-on-ground (AOG) situations and expanding its capabilities for unplanned maintenance.
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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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