Textron Aviation Leads in Business and General Aviation Aircraft Deliveries In 2020

WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation delivered nearly 560 aircraft to customers worldwide in 2020, leading the General Aviation Manufacturers Association (GAMA) annual shipments and billings report published this week. In total, Textron Aviation delivered more than a quarter of all general aviation aircraft last year. The report also reveals Textron Aviation as the world’s third largest jet manufacturer after Boeing and Airbus, while surpassing Boeing’s turbine fixed-wing deliveries 251 to 210.

Textron Aviation Inc., is a Textron, Inc. (NYSE: TXT) company.

According to the GAMA report, Textron Aviation was the leading business jet manufacturer, in terms of deliveries in 2020, with the Cessna Citation Latitude remaining the most-delivered midsize jet for the fifth consecutive year. The company was also the leading non-agricultural turboprop producer, with its Cessna Caravan and Beechcraft King Air turboprops leading the way.

“Leading general aviation aircraft deliveries in our industry is an honor and a testament to the trust of our customers flying Cessna and Beechcraft aircraft in nearly every part of the world,” said Ron Draper, president and CEO. “The opportunity to build aircraft for their missions, particularly during the challenges of the past year, also shows the hard work and determination of our employees, all of whom play an impactful role in the manufacturing, delivery and customer support journey.”

In 2020, Textron Aviation delivered 132 Cessna Citation business jets, with the midsize Citation Latitude topping the company’s jet deliveries for the year. The company delivered 113 Cessna and Beechcraft turboprops, led by its Caravan and King Air series aircraft. Deliveries of piston aircraft totaled 314, with the Cessna Skyhawk continuing its reign as the world’s best-selling single-engine piston.

Last year the company also achieved significant program milestones, with the first flight of the Cessna SkyCourier utility turboprop in May, and the unveilings of the Beechcraft King Air 360 and the Beechcraft King Air 260 twin-engine turboprops later in the year.

“We’re committed to always ensuring our customers are leveraging the capabilities and reliability of our aircraft, and there’s no better way to accomplish that than by continual innovation,” said Draper.

Every Textron Aviation customer and their aircraft is supported by a global network of service and parts centers, mobile service units and 24/7 1CALL AOG support.

About Textron Aviation

We inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, 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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and demand softness or volatility in the markets in which we do business.

Contacts

Christina Chamberlain

+1.316.517.4617

cchamberlain@txtav.com

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