May 18, 2015

Cessna Citation Latitude exceeds performance expectations with final range, runway performance and best-in-class operating costs

GENEVA, Switzerland (May 18, 2015) – Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced the Citation Latitude will enter the market with final range and runway performance specifications that exceed previous projections. The improved specifications will be part of the aircraft’s imminent U.S. Federal Aviation Administration (FAA) certification. The aircraft is making its European Business Aviation Convention & Exhibition (EBACE) debut this week at Geneva’s Palexpo static display.

With the full flight test program now complete, the aircraft performance has yielded further improvements in aircraft range and runway performance: 5,278 kilometers (2,850 nautical miles) at long-range cruise, an increase of 277 kilometers (150 nautical miles), and improved takeoff distance of 1,091 meters (3,580 feet) compared to the previously projected 1,116 meters (3,660 feet).  Performance specifications at certification will also reflect the high-speed cruise range of 5,000 km (2,700 nautical miles).

“The new Citation Latitude has been a performance winner from day one – meeting or exceeding every milestone in the certification effort and winning the attention of customers with its expansive, large cabin environment and amenities,” said Scott Ernest, president and CEO. “Customers also appreciate the Latitude’s midsize acquisition price and up to 20 percent lower operating costs than competing aircraft.”

The flight test program for the Latitude began with its first flight in February 2014. Since then, the program has grown to include four test articles that have flown 690 flights and amassed 1,700 flight hours, validating the maturity of the Garmin G5000 avionics system and features such as the standard auto-throttles, cabin cooling system and new pressurization system providing a 1,813-meter (5,950-foot) cabin altitude at the aircraft’s maximum operating altitude of 13,716 meters (45,000 feet).

About the Citation Latitude

The Citation Latitude features an all-new fuselage accommodating up to nine passengers. Designers created the most open, spacious, bright and refined cabin environment in the midsize category with a flat cabin floor and 1.83 meters (6 feet) of cabin height. Innovation abounds with unique features designed throughout the aircraft such as the electronically-operated cabin door ushering passengers into the widest fuselage of any Citation. Cessna’s Clairity™ cabin-technology system provides connectivity and entertainment to each passenger through their personal electronic devices. 

Today’s news reflects the company’s focus on continued investment in general aviation’s most extensive product lineup. When the Citation Latitude achieves certification it will be the fifth new Citation aircraft certified during the past 18 months including the Citation M2, Citation CJ3+, Citation Sovereign+ and Citation X+. The next Citation business jet expected to achieve certification following the Citation Latitude is the super midsized Citation Longitude in 2017.

More than 6,750 Citations have been delivered to customers around the world since the first Cessna Citation business jet was put into service in 1972. Citations are the largest fleet of business jets in the world and have surpassed 31 million flight hours.

Image: Citation Latitude

Web page: Visit latitudejet.com

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About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the iconic Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation companies include Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s largest global service network. For more information, visit textronaviation.com.

About Textron Inc.
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, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. For more information visit: www.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; and continued demand softness or volatility in the markets in which we do business.