News Release

All News & Events

Cessna Announces Major Order for 172 Skyhawk Aircraft

WICHITA, KAN., September 13, 2013 – Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, today announced an order for 79 Cessna 172 Skyhawk aircraft, one of the largest orders on record for the aircraft, at Moscow’s JetExpo 2013.

Moscow-based ViraZH, plans to use the Skyhawks for training purposes at various flight schools throughout western Russia. The order is part of a multi-year agreement between Cessna and ViraZH, with all 79 aircraft set to be delivered by the third quarter of 2014.On completion of the final delivery, ViraZH will have one of the world’s largest fleets of Skyhawk 172 aircraft in operation.

Kriya Shortt, Cessna senior vice president of Sales, said: “We are delighted to have a strong relationship with ViraZH and are proud they have selected the Cessna 172 Skyhawk to be their training platform. This order augments an additional 11 Skyhawks purchased by ViraZH in 2011, highlighting their confidence in our product. It is encouraging to see an increase in both our global customer base and flight training accessibility in Russia.”

Jodi Noah, Cessna senior vice president for Single Engine/Propeller Aircraft, added: “Cessna’s reputation for producing reliable and safe products precedes us both in the US and globally. The Cessna 172 Skyhawk is the world’s most popular training aircraft and we are confident that this next generation of aviation students who now have the access to this fleet will benefit immensely, as have many aviation students before them.”

The 172 Skyhawk has become the best-selling, most-flown single-engine aircraft in the world. With an all-glass Garmin G1000 integrated flight deck, the Cessna 172 Skyhawk has earned a reputation for offering the best combination of modern features and proven dependability among general aviation aircraft.

Photo of 172 Skyhawk

###

About Cessna
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered nearly 200,000 airplanes around the globe. This includes 6,500 Citation business jets, making it the largest fleet of business jets in the world. Today, Cessna has two principal lines of business: aircraft sales and aftermarket services. Aircraft sales include Citation business jets, Caravan single-engine utility turboprops, single-engine piston aircraft and lift solutions by CitationAir. Aftermarket services include parts, maintenance, inspection and repair services. In 2012, Cessna delivered 571 aircraft, including 181 Citation business jets, and reported revenues of $3.111 billion. More information about Cessna Aircraft Company is available at cessna.com.

About Textron
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 textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including but not limited to changes in aircraft delivery schedules or cancellations or deferrals of orders and difficult conditions in the financial markets which may adversely impact our customers' ability to fund or finance purchases of our products.