News Releases

http://www.cessna.com/NewReleases/FeaturedNews/NewRel...

News Releases

Cessna Citation Mustang Continues to Expand Fleet, Avionics Capabilities ORLANDO, Fla. Oct. 19, 2009 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today that it has delivered 241 Citation Mustangs since the aircraft entered service in April 2007. The entry-level business jet has found worldwide appeal with deliveries revealing a 60/40 domestic/international mix and a variety of field operations, including owner-operators, corporate flight departments as well as fleet sales to flight schools, charter companies and air-taxi operators. Cessna also announced that in 2010 it will begin offering on the Citation Mustang a factory and retrofit TCAS II traffic alert and collision avoidance system and radio altimeter system. The systems will be incorporated into the Mustang’s Garmin G1000 system that includes Synthetic Vision Technology, two 10-inch primary flight displays, one 15-inch multi-function display and the integrated GFC700 dual-channel, digital autopilot. “With two-plus years of Mustang deliveries behind us, we’re getting rave reviews from the field – the aircraft is fun to fly, performs well and offers an excellent value proposition backed by Cessna’s world-class service and support network,” said Roger Whyte, senior vice president, Sales and Marketing. “As expected, the majority of Mustang customers are business owners but we’re also pleased to see strong operations in fleet use and the training environment.” Earlier this year, Cessna announced an order for five Citation Mustangs from Singapore Flying College in Australia to support its advanced training program. There have also been a number of orders and deliveries for fleet operations, including European air-taxi operators Blink and London Executive Aviation. Blink’s fleet of seven Citation Mustangs operates at about 600 hours per month from three European bases. The Mustang allows the air-taxi service to offer the speed, convenience and efficiency of a private jet at a price that is competitive with commercial business class air fares. Blink regularly flies multiple sectors, with more than one customer group in a day and reports the Mustang is reliable and provides an excellent customer experience. Blink plans to add more Mustangs and more locations in 2010. The Citation Mustang is now certified in 60 countries including the United States. The worldwide fleet of 241 Mustangs has accumulated more than 55,000 flight hours, and the high-time aircraft has logged more than 1,500 hours. The six-place aircraft has a top speed of 340 knots (630 kilometers per hour), a range of 1,150 nautical miles (2,130 kilometers) with NBAA IFR Reserves and a service ceiling of 41,000 feet (12,497 meters), enabling more efficient operations above most weather and commercial traffic. ### 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. 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.

1 of 2

22/11/2009 18:19

News Releases

http://www.cessna.com/NewReleases/FeaturedNews/NewRel...

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 cancellation 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; and [h] bankruptcy or other financial problems at major suppliers that could cause disruptions in our supply chain. Back to 2009 News Releases

2 of 2

22/11/2009 18:19