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Cessna Increases Range of 'Game-Changing' Citation Latitude
Cessna Increases Range of 'Game-Changing' Citation Latitude
Cessna Increases Range of 'Game-Changing' Citation Latitude
Cessna Aircraft Company, a Textron Inc. company, recently announced a 15% range extension expected for the company’s planned game-changing mid-size business jet, the Citation Latitude, scheduled to enter service in 2015. Speaking at the Singapore Airshow, Trevor Esling, vice president, Sales for EMAA (Europe, Middle East, Africa & Asia), said specifications of the Citation Latitude had been revised to increase maximum range from 2,000 to 2,300 nautical miles (3,704 to 4,259.6km). Esling said: “We have designed this aircraft to meet the evolving and demanding requirements of business flyers – comfort, in-flight productivity and the convenience of using airports with runways as short as 3,900 feet (1,189 metres). The extended range of the Citation Latitude adds the benefit of non-stop flights between, for example, Singapore and cities such as Shanghai, Perth and Mumbai.” Announced in October 2011, the Citation Latitude will offer Cessna’s widest-yet passenger cabin with stand-up access throughout its length of more than 16 feet. Billed as a game-changer in the mid-size segment, the Citation Latitude combines the payload, speed and range that customers want with an unmatched cabin experience at its price point ($14.9 million in 2011 USD). Scheduled for its first flight in mid-2014 and designed for a crew of two plus up to eight passengers, the aircraft will have a maximum altitude of 45,000 feet (13,716 metres) and a maximum cruise speed of 442 knots (819km/h). It will climb to 43,000 feet (13,106 metres) in just 23 minutes. The Citation Latitude features the fully integrated Garmin G5000 avionics system and Clairity™, an intelligent cabin technology solution developed by Cessna in partnership with Dallas-based Heads Up Technologies. Clairity™ ties into the avionics system and integrates cabin electrical systems with data and communication sharing through a fibre optic backbone. Cabin systems are controlled either through intuitive touch-screen user interfaces at each seat, or customers’ personal electronic devices. *** Cessna is the world’s leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered more than 192,500 airplanes around the globe. This includes more than 6,100 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 2010, Cessna delivered 535 aircraft, including 179 Citation business jets, and reported revenues of $2.6 billion. More information about Cessna Aircraft Company is available at cessna.com. 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 following: • The efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products; • 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; • Performance issues with key suppliers, subcontractors or business partners • Difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and • Continued volatility in the economy resulting in a prolonged downturn in the markets in which we do busines

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