Cessna Aircraft Company, a subsidiary of Textron Aviation Inc.,
a Textron Inc. (NYSE:TXT) company, today announced it has delivered
the first fractional Cessna Citation Latitude midsize business jet
to NetJets, Inc., a Berkshire Hathaway company. Today’s delivery
represents significant milestones for both NetJets and the Citation
product line. This aircraft represents the 7,000th Citation
delivered worldwide, reinforcing the Citation family as the
established leader in business jet travel.
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Pictured from left to right: Kriya
Shortt, Senior Vice President of Sales & Marketing, Textron
Aviation; Adam Johnson, CEO, NetJets; Doug Henneberry, Executive
Vice President of Aircraft Asset Management, NetJets; Bill Noe,
President and COO, NetJets; Scott Ernest, President & CEO,
Textron Aviation (Photo: Business Wire)
To celebrate this milestone delivery, NetJets and Textron
Aviation held a special ceremony today at Textron Aviation
headquarters in Wichita. During the ceremony, NetJets announced
that due to owners’ great response to the Latitude, the company has
added 50 more options to its initial order placed in 2012, bringing
its total order and options up to 200 aircraft.
“The Cessna and NetJets relationship extends more than 20 years
and our newest certified business jet is a perfect fit for their
operations,” said Scott Ernest, President and CEO, Textron
Aviation. “The Citation Latitude’s performance and value
proposition equates to increased productivity for NetJets’ owners,
while giving them large-cabin amenities at a midsize cost. We are
thrilled the aircraft has become one of the fastest selling
aircraft in NetJets’ history.”
NetJets has been operating two demonstrator aircraft throughout
the United States and Europe to showcase the Citation Latitude to
NetJets owners ahead of the aircraft entering its fleet.
“The midsize Citation Latitude business jet gives our owners and
their guests best-in-class performance, size and comfort. As the
newest NetJets offering, the Citation Latitude is a great addition
to our fleet of the world’s best aircraft,” said Adam Johnson, CEO,
NetJets. “With the Latitude we will continue giving owners
unparalleled service and safety, while advancing our long term
relationship with Textron Aviation.”
NetJets’ first Latitude is expected to enter into service in
July and will be part of the fractional provider’s North American
fleet that includes four other Cessna models: Citation
Encore/Encore+, Citation Excel/XLS, Citation Sovereign and Citation
X aircraft.
With a maximum range of 2,850 nautical miles, the Citation
Latitude can fly non-stop from key U.S. cities such as Los Angeles
to New York and Chicago to San Francisco. With a flat floor and six
feet of cabin height, the Latitude affords the most open, spacious,
bright and refined cabin environment in the midsize category.
Improving cabin comfort for passengers and crew alike, the Latitude
features a new cabin cooling system and a new pressurization
system. The system provides a 5,950-foot cabin altitude when
the aircraft is at its maximum operating altitude of 45,000 feet,
allowing owners to arrive at their destinations feeling more
refreshed.
Cessna began deliveries of the Citation Latitude last August and
has delivered 23 to customers around the world through the first
quarter of 2016.
7000th CitationCitation aircraft, now with 7,000
delivered, are the most popular line of business jets in the world.
With more than 35 million flight hours – far more than any of its
competitors – Citation aircraft allow customers to expand their
business reach.
Since Cessna delivered its first Citation in 1972, the Citation
brand continues to set the standard in the business jet market.
Citation jets are renowned for their ability to combine
reliability, efficiency and comfort with advanced technology and
class-leading performance. This unique combination has resulted in
a level of unparalleled quality Citation operators around the globe
have come to know and value.
“Throughout the years, the Citation line has evolved to meet the
growing needs of our customers and their missions,” Ernest said.
“Smart innovation and continuous product investments define our
Citation models today. From our leadership in the light jet
category with our class-leading Citation M2, CJ3+ and CJ4, up to
our latest introduction of the revolutionary super-midsize Citation
Longitude, we are pairing decades of proven reliability and
performance with the latest technology into the broadest product
lineup of jets in the industry.”
Each of Cessna’s Citation models is designed to strike an
enviable balance between high performance, comfort and
cost-efficient operation. No other family of business jets offers
such a seamless progression of aircraft with extraordinary
capabilities for the value proposition. There are currently eight
Citation models in production including the Citation Mustang,
Citation M2, Citation CJ3+, Citation CJ4, Citation XLS+, Citation Latitude, Citation
Sovereign+ and Citation X±. The company’s latest Citations in
development include the super-midsize Citation Longitude, on
schedule to fly this summer, and the Citation Hemisphere, Cessna’s
entry into the large-cabin market and planned to fly in 2019.
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. The Textron Aviation companies
include Cessna Aircraft Company and Beechcraft Corporation,
bringing together decades of unmatched experience in designing,
building and supporting airplanes. It provides the most versatile
and comprehensive 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. Its broad range of
products include such best-selling aircraft as Citation and Hawker
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, Bad Boy Off
Road, Greenlee, 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 and cancellations or deferrals of
orders, the efficacy of research and development investments to
develop new products or unanticipated expenses in connection with
the launching of significant new products or programs; our ability
to keep pace with our competitors in the introduction of new
products and upgrades with features and technologies desired by our
customers; and demand softness or volatility in the markets in
which we do business .
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TextronSarah Estes, +1-316-517-1499sestes@txtav.comtxtav.com
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