Cessna Debuts 350 Corvalis and 400 Corvalis TT
WICHITA, Kan., Jan. 14, 2009 - Cessna Aircraft Company, a Textron Inc.
(NYSE: TXT) company, introduced the 350 Corvalis and 400 Corvalis TT
during this year’s annual sales meeting in Wichita.
http://www.cessna.com/

The Cessna 350 Corvalis and 400 Corvalis TT (twin turbocharged), formerly the
Cessna 350 and Cessna 400 respectively, have been renamed as part of Cessna’
s acquisition of certain assets from Columbia Aircraft Manufacturing Company
in 2007.

“Our customers and sales team asked us to name these products like other
popular Cessnas such as the Cardinal and Skyhawk. The name Corvalis,
although spelled differently, was inspired from the name of a picturesque
Oregon town about 120 miles west of Cessna’s Bend, Ore. manufacturing
facility. It is a graceful word befitting the flowing lines of the aircraft and its
unique Northwest heritage,” said Tom Aniello, vice president of marketing.

“The logo graphic evokes a stylized depiction of the Three Sisters mountains,
part of the Cascade mountain range separating the Eastern and Western halves
of Oregon, and clearly visible from Cessna’s Bend facility,” Aniello said.

At a maximum cruise speed of 235 knots, the Cessna 400 Corvalis TT is the
fastest fixed-gear single-engine piston aircraft on the market. Equipped with a
310-horsepower Teledyne Continental TCM IO-550N, the Cessna 350 Corvalis
has a certified ceiling of 18,000 feet and a maximum cruise speed of 190 knots.
The twin turbocharger equipped, intercooled TCM TSIO-550C installed in the
Cessna 400 Corvalis TT enables it to cruise as high as 25,000 feet while its pilot
and passengers enjoy the convenience of the 400’s standard 4-place, built-in
oxygen system.

Like all current Cessna single-engine piston products, the Caravan and the
Citation Mustang, the 350 Corvalis and 400 Corvalis TT are equipped with the
integrated Garmin G1000 avionics system and GFC700 autopilot, and are backed
by Cessna’s extensive support network.

###

Based on unit sales, Cessna Aircraft Company is the world's largest
manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272
aircraft, including 387 Citation business jets, and reported revenues of about $5
billion. Cessna has a backlog of $15.6 billion as of September 30, 2008. Since the
company was originally established in 1927, some 191,000 Cessna airplanes
have been delivered around the world, including more than 5,400 Citations,
making it the largest fleet of business jets in the world. More information about
Cessna Aircraft Company is available at http://www.cessna.com.

Textron Inc. (NYSE: TXT) is a $12.6 billion multi-industry company operating in
28 countries with approximately 42,000 employees. The company leverages its
global network of aircraft, defense and intelligence, 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, Textron Systems and Textron Financial Corporation. 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.


Cessna Citation XLS+ Completes First Flight


Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company,  reached
another milestone in the development program for the latest version of the
world’s best-selling business jet model - the Citation XLS+ - when the aircraft
completed its first flight.

The flight, which lasted one hour and 30 minutes, was conducted at Rockwell
Collins’ facility in Cedar Rapids, Iowa.

“With the flight progressing as planned and the aircraft performing as expected,
this first flight was a great success,” said Cessna Citation XLS+ Program
Manager Kevin Steinert. “The integration of the new Collins Pro Line 21 and
Pratt & Whitney’s FADEC (full authority digital engine control) equipped
engines went smoothly and we look forward to continuing this program on
schedule.”

The aircraft has returned to Cessna’s primary design and manufacturing
facilities in Wichita for further evaluation and testing. Type certification of the
XLS+ is expected in the first quarter of 2008 and first deliveries are scheduled in
mid 2008.

Priced at USD $11.595 million, the XLS+ will continue the tradition of the Excel
and XLS as the most affordable stand-up cabin business jet. The family of
Excel/XLS aircraft comprise of 575 planes having accumulated nearly 1.2 million
flight hours.

The original Citation Excel was delivered in May 1998 followed by the Citation
XLS in July 2004. The 500th Excel/XLS was delivered in June 2006, making the
Excel/XLS the best-selling aircraft of all business jet models since its
introduction.

The Citation XLS+ is designed to travel at 440 ktas (815 km per hour), have a
range of more than 1,800 nm (3,440 km), climb direct to 45,000 ft (13,700 m) in 29
minutes, and land on runways as short as 2,700 ft (823 m) at its typical landing
weight.

Based on unit sales, Cessna Aircraft Company is the world's largest
manufacturer of general aviation airplanes. In 2006, Cessna delivered 1,239
aircraft, including 307 Citation business jets, and reported revenues of about
$4.2 billion and a backlog of $8.5 billion. Since the company was originally
established in 1927, more than 189,000 Cessna airplanes have been delivered to
nearly every country in the world. The global fleet of more than 5,000 Citations
is the largest fleet of business jets in the world. More information about Cessna
Aircraft Company is available at
www.cessna.com.
EBACE
EBACE USA Office
Tel: 202-783-9360
Faxl: 202-331-8364
E-mail: dhubbard@nbaa.org

The 9th Annual European Business
Aviation Convention & Exhibition
(EBACE2009) will be held May 12
through 14, 2009, at Geneva
PALEXPO, immediately adjacent to
the Geneva International Airport in
Geneva, Switzerland. The only
European exhibition to focus
exclusively on business aviation
.
EBACE is jointly hosted each year by
the European Business Aviation
Association (EBAA), the leading
association for business aviation in
Europe, and the National Business
Aviation Association (NBAA), the
leading voice for the business
aviation industry in the United
States. The exhibition takes shape as
a three-day event in Geneva, and
attendees come from as far as Africa,
Asia, the Middle East and North
America.
EBACE is where industry
representatives, government leaders
and consumers gather to view the
latest business aviation products and
services from over 300 Exhibitors. It
is also a key venue for business
leaders to make major
announcements, and for people
throughout the industry to discuss
trends and best practices
Bombardier aircraft on display at Congonhas Airport:
Learjet 45 XR: The eight-to-nine passenger Learjet 45 XR aircraft flies faster,
farther, with more passengers than any other super light business jet. Its
passenger cabin area is approximately 15 inches (38 cm) longer than that of its
competitors, and it offers seated passengers more head and shoulder room
than any other aircraft in its class. Delivering enhanced performance at high
altitudes and in hot temperatures, the aircraft can fly approximately 2,000
nautical miles
(3,717 km) with eight passengers, two crew and full fuel*.

Challenger 300: This first true super-midsize aircraft offers transcontinental
range and superior long-range cruise speed, combined with a full
eight-passenger cabin. It can fly São Paulo-San Juan non-stop with a full
payload and its superior airfield performance allows it to operate out of
5,000-foot (1,524-m) runways with ease*.

Challenger 605: In service since January 2007, this aircraft is equipped with the
full range of new features available aboard the Challenger 605 jet, including a
Rockwell Collins Pro Line 21 avionics suite and a state-of-the-art
Ethernet-based Cabin Electronic System. The aircraft can fly five-passengers
from São Paulo-Miami non-stop*, in superior comfort.
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