Cessna SkyCatcher Light Sport Aircraft Orders Top $75 Million.WICHITA, Kan. -- Cessna Aircraft Company, a Textron Inc. (NYSE NYSE See: New York Stock Exchange : TXT TXT Text TXT Text File (filename extension) TXT Textile TXT Teletext TXT Tecnologia per a Tothom TXT Textron Corporation (stock symbol) ) company, announced today that orders for its newly announced SkyCatcher light sport aircraft (LSA LSA - Link State Advertisement ) reached 720, totaling more than $75 Million, only two weeks after its official launch at the Experimental Aircraft Association's annual meeting, AirVenture 2007. "It has been very exciting to see the overwhelmingly positive response from our customers on the SkyCatcher, and the affirmative AFFIRMATIVE. Averring a fact to be true; that which is opposed to negative. (q.v.) 2. It is a general rule of evidence that the affirmative of the issue must be proved. Bull. N. P. 298 ; Peake, Ev. 2. 3. reaction to this offering reflects the overall continuing strength in the general aviation market around the globe," said Jack. J. Pelton, Cessna chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Cessna originally announced it was studying an LSA entry at the 2006 AirVenture in Oshkosh, unveiling a proof-of-concept aircraft to gauge market response. The company announced July 10 it would proceed with development of a new LSA product, and unveiled the SkyCatcher at a press conference on July 22, 2007. The SkyCatcher features an exclusive Garmin glass cockpit A glass cockpit is an aircraft cockpit that features electronic instrument displays. A relatively recent development, glass cockpits are highly sought-after upgrades from traditional cockpits. - the G300 - and a Teledyne Continental O-200D 100-horsepower engine designed specifically for light sport aircraft. Details and ordering information for the new Cessna SkyCatcher can be found at www.cessnaskycatcher.com or by contacting a local Cessna dealer. Based on unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. , 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. 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 Bell Helicopter Textron is an American helicopter and tiltrotor manufacturer headquartered in Fort Worth, Texas. A division of Textron, Bell manufactures military helicopter and tiltrotor products in the United States (primarily in and around Fort Worth as well as in Amarillo, , 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. |
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