Textron Flat on Delivering Jets

Textron Inc. (NYSE:TXT) announced that its Textron Aviation wing achieved a major milestone as the first three Cessna Citation Ascend business jets were delivered to fleet launch customer NetJets.
NetJets, which operates the world's largest, most diverse private jet fleet, is the first private fleet operator to take delivery and begin operations with the Cessna Citation Ascend. Setting new standards in performance, comfort and operational efficiency for the midsize business jet market, the Citation Ascend builds on the longstanding relationship between Textron Aviation and NetJets by offering owners a seamless progression of advanced aircraft designed to deliver exceptional reliability, efficiency and luxury.
“The Citation Ascend represents our continued investment in supporting NetJets customers well into the future,” said Lannie O’Bannion, senior vice president, Sales & Marketing.
“Building on the proven performance the Citation family is known for, the Ascend introduces new technology and comfort enhancements that matter to fleet customers. We look forward to supporting NetJets as they take delivery of their first Ascend and continue delivering a premium, dependable experience for customers around the world.”
This morning’s news release reports The Ascend offers NetJets owners a blend of productivity, performance and luxury. Key features include:
Spacious, luxurious cabin: A flat floor with generous legroom, seating configuration for eight passengers, a full refreshment center and spacious baggage compartment provide unparalleled comfort during every flight.
Leading avionics: Equipped with Garmin G5000 technology, the Citation Ascend features the latest software and hardware, including autothrottles for enhanced operational ease
TXT shares squeezed up $1.01, or 1.1%, to $91.96.

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