FRIEDRICHSHAFEN, Germany, April 2, 2009 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, is emphasizing its role as a leader in the general aviation market in Europe, particularly in Germany, by showing its largest ever product line-up at the AERO Friedrichshafen exhibit this week.
Cessna, as it did two years ago, has teamed with its authorized sales representatives in Germany including Atlas Air Service, Air Alliance, AIRplus Maintenance and Roeder Praezision to present its largest aircraft line-up that includes single-engine pistons up to some of the larger Citation business jets. In addition to its German sales and service partners, a number of Cessna sales affiliates from companies around Europe will join Cessna at its display for customer service.
“Germany has always been one of our largest and most important markets outside the United States and this show has become one of Europe’s best,” said Trevor Esling, Cessna vice president, International Citation Sales.
Cessna will be exhibiting a full line of single-engine piston aircraft including the Cessna 182 Skylane, the 206 Stationair, and Cessna’s highest-performance single, the 400 Corvalis TT, certified last month for sale in Europe. Cessna is also featuring its popular Grand Caravan single-engine turboprop at its indoor exhibit space, along with the Citation Mustang entry-level business jet.
“Coming in on the heels of EASA certification for the 400 Corvalis TT, we are very excited about exhibiting at AERO Friedrichshafen and being able to speak with European prospects who are now able to take immediate delivery of the impressive new Corvalis TT, the fastest fixed-gear single-engine piston airplane produced today,” said John Doman, Cessna vice president, Worldwide Propeller Aircraft Sales.
Other Cessna aircraft featured at partner exhibits include the Citation XLS+, Cessna’s most popular business jet, along with the Citation CJ3, CJ2 and CJ1 aircraft.
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. Cessna has a backlog of $14.5 billion as of December 31, 2008. Since the company was originally established in 1927, some 192,000 Cessna airplanes have been delivered around the world, including more than 5,700 Citations, making it 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 $14.2 billion multi-industry company operating in 28 countries with approximately 42,000 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, Textron Systems and Textron Financial Corporation. 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 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.