October 10, 2017

Cessna Citation Latitude popularity soars, reaches 100th delivery milestone

LAS VEGAS (Oct. 10, 2017) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced at the National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) that it is in the process of delivering the 100th Cessna Citation Latitude midsize business jet. The milestone aircraft, which comes just 26 months after the first Latitude entered service, will be handed over to NetJets, Inc., this week at Textron Aviation headquarters in Wichita, Kansas.

 

“We set out to redefine this segment by investing in a new product with features our customers told us they wanted: large-cabin amenities and best-in-class operating costs. Delivering 100 Latitudes in just over two years is a testament that we’ve got the ideal combination,” said Rob Scholl, senior vice president of Sales and Marketing, Textron Aviation. “There’s no better endorsement than the fact that our longtime customer NetJets reports it as the best-selling aircraft in its fleet.”

 

NetJets extended its total Latitude order to up to 200 aircraft when it took its first delivery in June 2016.

 

“The Latitude is one of the most outstanding midsize cabin jets in the industry. It meets our Owners’ and our own high standards for performance and safety,” said Doug Henneberry, executive vice president of Aircraft Asset Management, NetJets, Inc. “We are proud to have Latitudes in our fleet, and we’re excited to celebrate this milestone delivery with our industry partner.”

Textron Aviation delivered 42 Citation Latitudes in 2016, making it the most delivered midsize jet in the world for that year. The aircraft’s mission flexibility has made it popular with fleet operators, corporate owners and special missions operators across the world. With certification in 39 countries, the global fleet has surpassed 45,000 flight hours.

 

About the Citation Latitude

With a maximum range of 2,850 nautical miles and a best-in-class four-passenger range of 2,700 nautical miles at high-speed cruise, the Citation Latitude affords the most open, spacious, bright and refined cabin environment in the midsize category. With a flat floor and six feet of cabin height, innovation abounds with unique features designed throughout the aircraft. Textron Aviation’s wireless cabin-technology 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 class-leading 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.

 

Images:

Senior Vice President of Sales and Marketing Rob Scholl (far left) and Textron Aviation employees celebrate the 100th Latitude delivery at NBAA 2017

 

Citation Latitude

 

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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 www.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, Arctic Cat, 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 aircraft delivery schedules or cancellations or deferrals of orders; difficult conditions in the financial markets which may adversely impact our customers' ability to fund or finance purchases of our products; and demand softness or volatility in the markets in which we do business.