News Releases
Cessna Announces Citation Mustang High Sierra Edition
OSHKOSH, Wis., July 26, 2010 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today its new High Sierra Edition of the Citation Mustang at the Experimental Aircraft Association’s annual week-long conference - AirVenture 2010.
The new Citation Mustang High Sierra Edition features special luxury editions of the three currently offered interiors, a special paint scheme, a Garmin G1000 with Synthetic Vision Technology, electronic charts, locking fuel caps as well as unique service and parts programs.
“The special High Sierra Edition gives our customers more luxurious interior and exterior options to outfit their Mustang,” said Roger Whyte, Cessna’s senior vice president of Sales and Marketing.
“The Citation Mustang has been an incredibly popular aircraft with more than 300 delivered worldwide since the first delivery in April 2007. The High Sierra Edition package will be a great complement for this successful airplane,” Whyte said.
The Citation Mustang is the world’s first fully certified entry-level business jet. The program was announced at the 2002 National Business Aviation Association convention and the aircraft made its first flight in April 2005.
Coming in at just over $3 million (2010 delivery), the Mustang features Garmin avionics, Pratt & Whitney Canada engines, and boasts a maximum 1,100-nautical mile range.
Citation Mustang High Sierra - Smoky Quartz Interior
###
Cessna is the world’s leading general aviation company, based on unit sales, with five major lines of business: Citation business jets, Caravan single-engine turboprops, Cessna single-engine piston aircraft, aftermarket services and lift solutions by CitationAir. 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.







