Geneva, Switzerland - May 12, 2009 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, this month will deliver a Citation X to Saad Wallan, chairman of Wallan Aviation. This will become the sixth Citation X to be based in the Middle East and confirms the Citation X’s growing popularity in the region.
Based in Riyadh and Dubai, Wallan Aviation is Cessna’s Authorized Sales Representative and Authorized Citation Service Center for the Middle East.
Wallan will use his Citation X to travel between his diverse business interests in the Middle East, United States, Europe and Asia.
“The Citation X is the perfect aircraft for people who have to cover large distances and enjoy the thrill of flight. Both as pilot and passenger, I greatly look forward to taking delivery of the aircraft,” said Wallan.
With a maximum speed of Mach .92, the Citation X is the world’s fastest civil aircraft. Since launch, Cessna has delivered more than 45 Citation Xs to the EMEA region (Europe, Middle East and Africa) and more than 300 Citation Xs worldwide.
About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2008, Cessna delivered 1,301 aircraft, including 467 Citation business jets, and reported revenues of about $5.662 billion. Cessna has a backlog of $13 billion as of March 31, 2009. Since the company was originally established in 1927, some 192,000 Cessna airplanes have been delivered around the world, including more than 5,700 Citations, making it the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.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 Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
Forward-looking Information: Certain statements in this release are forward-looking statements and 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 forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: [a] changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; [b] the interruption of production at our facilities or at our suppliers’ facilities; [c] the timing of new product launches and certifications of new aircraft products; [d] the occurrence of slowdowns or downturns in customer markets in which our products are sold or supplied; [e] changes in aircraft delivery schedules or cancellation of orders; [f] the launching of significant new products or programs which could result in unanticipated expenses; [g] changes in national or international government policies on the export and import of commercial products; and [h] bankruptcy or other financial problems at major suppliers that could cause disruptions in our supply chain.