Regional Fractional Executive AirShare Adds Citation CJ2+ to Its Fleet

    Regional Fractional Executive AirShare Adds Citation CJ2+ to Its Fleet

Cessna Light Jet Adds Greater Flexibility for Fractional Owners

PR Newswire

WICHITA, Kan., Aug. 22, 2013

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.

(Photo: http://photos.prnewswire.com/prnh/20130822/CG68028)

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

Website: http://www.cessna.com
Website: http://textron.com
Website: http://www.execairshare.com
Contact: Jill Hindes, Executive AirShare, (816) 221-7200 or (913) 827-3327,
jhindes@execairshare.com
 
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