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Cessna Foresees Demand Gathering Pace in Asia-Pacific Region

SINGAPORE, February 14, 2012 — Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, said today at the Singapore Airshow the company anticipates accelerating demand for light and mid-size business jets across the Asia-Pacific region in the next decade.

Speaking at the show, Trevor Esling, vice president, Sales for EMAA (Europe, Middle East, Africa & Asia), said: “The Asia-Pacific region already accounts for 10% of Cessna’s business jet sales and we anticipate demand increasing further in the medium to long term. The region’s economic resilience during the global financial crisis, rising national prosperity and Chinese airspace liberalization make it likely that the business aviation market will mature at quite a rapid pace. Cessna therefore expects demand for light and mid-size aircraft to rise accordingly.”

In the past 12 months Cessna has undertaken various measures to strengthen its presence in the region. In China, Cessna’s dedicated Citation sales team has increased to nine members, reflecting the company’s increased focus on the commercial market and determination to build on success already achieved in the governmental sector. Cessna has also based a dedicated field service manager and is expected to complete a joint service facility, with sister-company Bell Helicopter, in the second quarter of this year in Singapore.

Esling continued: “All indications are that the Chinese economy will grow by more than 8% this year alone, while forecasts for the economies of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam are similarly positive. These forecasts are extremely encouraging for aviation in general, with China expected to become one of the top 10 countries for business jet ownership by 2025.”

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February 15, 2012 I Written By

I'm Dave and I am a proud Avgeek. It goes way beyond liking airplanes. It is a passion that cannot be subdued.

Filed Under: Air Shows  Aircraft  Aviation  Business Aviation  Cessna  Press Release
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Cessna Citation Mustang Reaches 400 Aircraft

The Mustang’s most common use is corporate business or personal travel. Its second most common use is air taxi service. In growing popularity, the Mustang is also being used for special missions as medical air transport and as an airline flight training tool.

“Having the Mustang in our fleet is a great way to get pilots into a jet for the first time — when they get behind the controls, the excitement is written all over their face,” said Rohloff. “Then, when they are ready to move up, the rest of our Citation fleet is right there waiting.”

WICHITA, Kan., Jan. 27, 2012 — Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, rolled its 400th Citation Mustang off the assembly line at its Independence, Kan., facility. This milestone was accomplished in a little more than five years since the Mustang’s first delivery in November 2006.

“What an achievement for Cessna and for the employees in Wichita and Independence who engineer, design, support and manufacture this great airplane,” said Brian Rohloff, Cessna’s Citation Mustang and M2 business leader. “Mustang sales remain strong, pilots like its ease of operation and low operating costs — it’s a compelling airplane, designed and built with Cessna ingenuity and pride.”

The Mustang’s most common use is corporate business or personal travel. Its second most common use is air taxi service. In growing popularity, the Mustang is also being used for special missions as medical air transport and as an airline flight training tool.

“Having the Mustang in our fleet is a great way to get pilots into a jet for the first time — when they get behind the controls, the excitement is written all over their face,” said Rohloff. “Then, when they are ready to move up, the rest of our Citation fleet is right there waiting.”

The worldwide fleet of Mustangs is averaging 480 hours, with 45 Mustangs having accumulated more than 1,000 hours each. High time Mustangs are 1,600 hours (typical operation) and 2,200 hours (fleet operation).

The Citation Mustang is the world’s first fully certified entry-level business jet. The program was announced at the 2002 National Business Aviation Association convention and the aircraft made its first flight in April 2005, received FAA type certificate in September 2006 and celebrated its first delivery in November 2006. Coming in at just over $3 million (2012 delivery), the Mustang features Garmin avionics, Pratt & Whitney Canada engines and boasts a maximum 1,100-nautical mile range.

More information on the Mustang can be found on the Citation Mustang page on Cessna’s website. Also, visit our gallery of Mustang images.

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January 28, 2012 I Written By

I'm Dave and I am a proud Avgeek. It goes way beyond liking airplanes. It is a passion that cannot be subdued.

Filed Under: Aircraft  Aviation  Business Aviation  Cessna  Press Release
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