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Cessna Celebrates First International TTx Delivery

WICHITA, Kan., September 10, 2013 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, is celebrating the first international delivery of the new Cessna TTx, the world’s fastest commercially produced and certified fixed-gear single-engine aircraft, to a customer in Thailand.

The TTx was certified in July and enters the global marketplace as Cessna’s all-composite aircraft designed specifically for comfort, speed and luxury.

Kiatichai Monsereenusorn, managing director of Kiattana Transport, accepted his aircraft in a handover ceremony in Independence, Kansas, saying the TTx will allow him to quickly visit multiple business sites per day, and do so in a comfortable, luxurious aircraft that is also fun to pilot.

“The first delivery of the TTx to an international customer is a very important milestone for every Cessnan involved in this program,” said Jodi Noah, Cessna’s senior vice president for Single Engine/Propeller Aircraft. “This aircraft has our global customer base very energized. Aviation customers recognize the TTx as synonymous with innovation, performance and luxury. This delivery is proof that the appeal of the TTx is not constrained by lines on a map, and that this aircraft is perfect for true aviators.”

The TTx is a high-performance composite aircraft designed for advanced pilots, with progressive technology, luxury interiors and performance resembling that of a jet. The TTx is the first aircraft to be equipped with the Garmin G2000 avionics system, featuring a glass cockpit with dual 14.1-inch (35.81 cm) high-definition displays and touch screen controls.

“The Cessna team worked hard to ensure the TTx earned international certification,” said Brian Steele, business leader for the Cessna TTx. “The teams at Cessna and Garmin have successfully redefined cockpit capabilities with the integration of the intuitive G2000 avionics system. The G2000 is not just an upgrade; it is the next evolutionary step in avionics.”

The TTx has an operating ceiling of 25,000 feet (7,620m) and an optional Flight into Known Icing (FIKI) system, enabling pilots to file flight plans for varying weather conditions. The TSIO-550-C six-cylinder engine from Continental Motors provides 310 horsepower, and the three-blade constant-speed metal propeller is supplied by McCauley. The TTx has a 1,250 nm range, making it capable of non-stop flight from Los Angeles to Houston or Bangkok, Thailand to Kolkata, India.

Learn more about the TTx at Cessna.com.

Video footage: Cessna TTx
Customer delivery photo – from left to right: Kiatichai Monsereenusorn and Sujitra Monsereenusorn

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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 are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements 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 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, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; difficult conditions in the financial markets which may adversely impact our customers' ability to fund or finance purchases of our products; and continued demand softness or volatility in the markets in which we do business.