Regional Fractional Executive AirShare Adds Citation CJ2+ to Its Fleet

WICHITA, Kan., Aug. 22, 2013 /PRNewswire/ -- Regional fractional Executive AirShare today announced the company is adding three Cessna Citation CJ2+ aircraft to its fleet to complement its existing Embraer and Beechcraft products. The first Citation CJ2+ will enter service for Executive AirShare's fractional owners on September 1. In addition to the three Citation CJ2+ aircraft, Executive AirShare's aircraft management subsidiary, Executive Flight Services, will add a managed Citation CJ3 to its fleet.

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The decision to acquire the Cessna Citation jets was announced at the Cessna manufacturing facility in Wichita, Kan. All three aircraft are 2009 model year or newer with each having less than 800 hours of flight time.

"The CJ2+ offers the range, speed, and seating capacity our owners desire and is the aircraft we need to provide the comprehensive air service our customers expect," said Keith D. Plumb, Executive AirShare president and chief operating officer. "We are now able to offer our Central U.S.-based owners a new level of flexibility and cost-effectiveness to fly four passengers non-stop to either coast in the CJ2+."

"The CJ2+ is the perfect aircraft for Executive AirShare," said Lannie O'Bannion, regional vice president of Cessna Sales for the Midwestern U.S. and Canada. "It offers performance and value to the owners, without sacrificing on the comfort and services available to passengers. It is a powerful business tool with excellent landing and takeoff performance, a spacious and comfortable cabin with great range and a high ceiling."

The CJ2+, capable of 1,613 nm at a cruising speed of 418 ktas (481 mph), effectively bridges the gap between Executive AirShare's existing Embraer Phenom 100 and 300 light jets. The CJ2+ offers greater capability than the Phenom 100, especially operating out of high-elevation, mountainous airports that are frequented by Executive AirShare owners.

About Cessna
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered nearly 200,000 airplanes around the globe. This includes 6,500 Citation business jets, making it the largest fleet of business jets in the world. Today, Cessna has two principal lines of business: aircraft sales and aftermarket services. Aircraft sales include Citation business jets, Caravan single-engine utility turboprops, single-engine piston aircraft and lift solutions by CitationAir. Aftermarket services include parts, maintenance, inspection and repair services. In 2012, Cessna delivered 571 aircraft, including 181 Citation business jets, and reported revenues of $3.111 billion. More information about Cessna Aircraft Company is available at cessna.com.

About Textron
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 Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at textron.com.

About Executive AirShare
Executive AirShare serves shareowners in Kansas City, Mo., Wichita, Kan., Tulsa and Oklahoma City, Fort Worth, Dallas, Houston, Austin, San Antonio and Buffalo, N.Y. Its subsidiary, Executive Flight Services, manages aircraft for owners from bases in Fort Worth, Dallas, Wichita, Kansas City and Buffalo.

Executive AirShare is the world's leading operator of Embraer Phenom aircraft and currently serves the Central U.S. and Great Lakes region, operating a fleet of Phenom 300, Phenom 100, Citation CJ2+, King Air 350 and C90B aircraft. Executive AirShare is the only established fractional aircraft ownership company in the U.S. to offer both the Phenom 100 and Phenom 300 aircraft. Executive AirShare also offers aircraft management and charter services through its subsidiary, Executive Flight Services. For more information about Executive AirShare and its services, please visit www.execairshare.com. 

SOURCE Executive AirShare