09/03/2011 CESSNA ANNOUNCES 14-AIRCRAFT ORDER TO HAO HAI

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Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced at Asian Aerospace in Hong Kong that Hao Hai General Aviation Company Ltd will add 11 Grand Caravan utility turboprop aircraft to its existing fleet of two Grand Caravans. Additionally, Hao Hai will take delivery of three new Citation Encore+ business jets.
 
Hao Hai is a wholly-owned subsidiary of a major logistics provider in China. Deliveries of the aircraft are expected in the first half of 2011.
 
The Grand Caravan can take off from airfields as short as 2,420 feet, has a range of 917 nautical miles and has a maximum cruise speed of 184 knots true airspeed. The first Grand Caravan was delivered in 1990 and Cessna has now delivered more than 1,500 of the aircraft type.
 
The Encore+ has a range of 1,785 nautical miles and travels as fast as 428 knots true airspeed. It features twin Pratt & Whitney Canada PW535B engines equipped with dual-channel Full Authority Digital Engine Control (FADEC) and the Collins Pro Line 21 avionics suite.