News Releases
Cessna Names Propel Aviation Sales & Services a Caravan Authorized Sales Representative
WICHITA, Kan., Feb. 11, 2010 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, has named Propel Aviation Sales & Services, LLC, based at the Kendall-Tamiami Airport (KTMB) in Miami, Fla., a Caravan Authorized Sales Representative (ASR) for the states of Florida, Georgia and Alabama.
“The extremely versatile and efficient Caravan has continued to see strong demand even during the recent downturn. Now that economic conditions are improving interest in the Caravan is getting even stronger,” said John Doman, Cessna’s vice president of Worldwide Propeller Sales. “Continuing to partner with outstandingly capable, customer-oriented companies like Propel Aviation is vitally important as demand for the Caravan increases in the market.”
In addition to being a Caravan ASR, Propel Aviation is a Cessna authorized single-engine, multi-engine and propjet service center and an FAA Part 145 Repair Station.
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Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. 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.
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.
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 cancellations or deferrals 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; [h] bankruptcy or other financial or performance problems at major suppliers or subcontractors that could cause disruptions in our supply chain; [i] continued difficult conditions in the financial markets resulting in adverse impacts to our customers, including difficulty in obtaining financing for the purchase of our products; and [j] continued volatility in the economy resulting in a prolonged downturn in the business jet market.





