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| Wednesday, March 07, 2007 |
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Cessna Continues to Ramp Up Citation X Production
By FlyingNews @ 11:34 AM :: 341 Views ::
0 Comments :: Business Flying, Business Aircraft Manufacturers
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Wichita, KS - March 6, 2007 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today that it continues to increase production of its Citation X.
"We have increased production of the Citation X more than 40 percent since 2003 and we will continue to ramp up production in the future to meet the growing demand for this popular aircraft," said Roger Whyte, senior vice president of sales and marketing. "The exceptional speed, reliability and cabin comfort offered by the X have contributed to its great success."
More than 260 Citation Xs have been delivered to customers around the world and the backlog for the aircraft extends well into 2008. The fleet has amassed almost 1 million flight hours over its 10-year history. With a top speed of .92 Mach, the Citation X is not only the world's fastest business jet but the fastest civil aircraft flying today.
Cessna Aircraft Company delivered 1,239 aircraft in 2006, maintaining its leadership position as the world's largest manufacturer of general aviation aircraft. Of that total, Cessna delivered 307 business jets, more than any other manufacturer, and expects to deliver 375 jets in 2007.
"Our traditionally strong U.S. market will remain so in the near future, but the business jet market outside the U.S. continues to grow," Whyte said. "As an example, business jet orders outside the U.S. accounted for 48 percent of our total orders last year."
Cessna's revenues for 2006 were $4.2 billion, up from $3.5 billion a year ago.
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 almost 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. |
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