Confirming continued growth in the international business aircraft
market, Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company,
today announced at the National Business Aviation Association annual
meeting that it has received a significant order from Japan Aerospace
Corporation, a subsidiary of ITOCHU Corporation.
The order includes three CJ2+, one CJ4, one Encore+, one XLS+,
three Caravans and three SkyHawks. A signing ceremony will take place
in the Mustang conference room at the Cessna booth (#8550), Hall B on
Tuesday, Sept. 25 at 10:30 a.m. Eastern Standard Time.
"Our relationship with Japan Aerospace Corporation and its
preceding organizations spans more than 50 years," said Cessna's
Director of International Sales, Todd Duhnke. "As our authorized sales
representative they have helped make the Cessna Citation jets the most
widely used business jets in Japan. The Caravan has also been a great
success as a special mission platform. As evidenced with this order
from Japan, we continue to enjoy truly exciting growth throughout the
entire Asian market."
Based in Tokyo, Japan Aerospace Corporation is the exclusive
authorized sales representative for Cessna in Japan. The company's
origins date back to Nozaki & Co. Ltd., which pioneered the Japanese
aerospace industry in 1952.
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, some 190,000
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.
Textron Inc. is an $11 billion multi-industry company operating in
32 countries with approximately 40,000 employees. The company
leverages its global network of aircraft, 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, Fluid & Power, 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 Textron facilities or Textron's customers or suppliers; (c) the
occurrence of slowdowns or downturns in customer markets in which
Textron products are sold or supplied; (d) changes in aircraft
delivery schedules or cancellation of orders; and (e) changes in
national or international government policies on the export and import
of commercial products.
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