WICHITA, Kan. (Feb. 23, 2017) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced that the Cessna Citation Latitude has quickly become one of the world’s best-selling business jets since entering the market in August 2015, and is the leader in the midsize segment with more deliveries in 2016 than any other aircraft in its category.
Since its introduction, the aircraft rapidly set a new standard, redefining the expectations of a midsize business jet. In 2016, the company delivered 42 Latitudes, making it the most delivered midsize jet in the world for that year. With certification in 35 countries, the global fleet of 58 aircraft has already surpassed 18,000 flight hours.
“The Citation Latitude uniquely fits a niche in the market for customers who want the amenities and comfort of a large-cabin aircraft at a midsize acquisition price and best-in-class operating costs,” said Rob Scholl, senior vice president, Sales and Marketing. “Its success is another great example of how listening to our customers and investing in our products is helping to invigorate this segment, and we look forward to continuing the momentum in 2017.”
The Latitude, with a maximum range of 2,850 nautical miles (5,278 km) and a best-in-class four-passenger range of 2,700 nautical miles (5,000 km) at high-speed cruise, is set apart from the competition by its combination of comfort and efficiency. The aircraft offers an unrivaled cabin experience featuring the most open, spacious, bright and refined cabin environment in its category. With a flat floor and six feet of cabin height, innovation abounds with exceptional features designed throughout the aircraft.
Textron Aviation’s wireless cabin management system provides productive connectivity and entertainment to each passenger through their personal electronic devices. Improving cabin comfort for passengers and crew alike, the Latitude features a new cabin cooling system and a new pressurization system which provides a 5,950-foot cabin altitude at the aircraft’s maximum operating altitude of 45,000 feet. With standard seating configurations, the Latitude can comfortably accommodate up to nine passengers. Extended maintenance intervals provide owners with the lowest direct operating costs in the midsize segment.
About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. For more than 90 years, the Textron Aviation brands have represented unrivaled innovation, performance and leadership in the industry, offering an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and 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. Textron Aviation has delivered more than 250,000 aircraft in over 143 countries. Its broad range of products include such best-selling aircraft as Citation business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit txtav.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, Textron Off Road, Textron Systems, and TRU Simulation + Training. 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, changes in government regulations or policies on the export and import of commercial products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.