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400th Cessna Citation Latitude joins Simmons Foods' fleet, reinforcing segment leadership

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Textron Aviation has delivered the 400th Cessna Citation Latitude business jet to Simmons Foods, marking a significant milestone for the aircraft. The Citation Latitude has been the world's most-delivered midsize business jet for eight consecutive years, known for its reliability, versatility, and 2,700-nautical mile range. With a flat floor cabin accommodating nine passengers, it can fly nonstop between destinations like New York and Los Angeles.

Simmons Foods, a longtime Citation customer, will add this jet to its existing fleet of three Citation jets, enhancing the efficiency of its business travel across multiple locations. The Latitude's popularity spans various operations, including corporate use, charter, personal travel, and specialized missions like air ambulance and aerial survey.

Textron Aviation ha consegnato il 400° Cessna Citation Latitude a Simmons Foods, segnando un traguardo significativo per l'aeromobile. Il Citation Latitude è stato il business jet di medie dimensioni più consegnato al mondo per otto anni consecutivi, noto per la sua affidabilità, versatilità e un'autonomia di 2.700 miglia nautiche. Con una cabina a pavimento piatto che può ospitare nove passeggeri, è in grado di volare senza scalo tra destinazioni come New York e Los Angeles.

Simmons Foods, un cliente di lunga data dei Citation, aggiungerà questo jet alla sua flotta esistente di tre jet Citation, migliorando l'efficienza dei suoi viaggi d'affari in diverse località. La popolarità del Latitude si estende a varie operazioni, inclusi utilizzo aziendale, noleggio, viaggi personali e missioni specializzate come l'ambulanza aerea e il rilevamento aereo.

Textron Aviation ha entregado el 400º Cessna Citation Latitude a Simmons Foods, marcando un hito significativo para la aeronave. El Citation Latitude ha sido el business jet de tamaño mediano más entregado del mundo durante ocho años consecutivos, conocido por su fiabilidad, versatilidad y un alcance de 2,700 millas náuticas. Con una cabina de piso plano que puede acomodar a nueve pasajeros, puede volar sin escalas entre destinos como Nueva York y Los Ángeles.

Simmons Foods, un cliente de larga data de Citation, añadirá este jet a su flota existente de tres jets Citation, mejorando la eficiencia de sus viajes de negocio en múltiples ubicaciones. La popularidad del Latitude abarca diversas operaciones, incluyendo uso corporativo, charter, viajes personales y misiones especializadas como ambulancias aéreas y relevamientos aéreos.

텍스트론 항공이 40번째 세스나 시타이션 라테이드를 시몬스 푸드에 인도하여 항공기에게 중요한 이정표를 세웠습니다. 시타이션 라테이드는 8년 연속 전 세계에서 가장 많이 납품된 중형 비즈니스 제트기로, 신뢰성, 다재다능성, 그리고 2,700해리의 비행 가능 범위로 잘 알려져 있습니다. 아홉 명의 승객을 수용할 수 있는 평면 바닥 캐빈을 갖춘 이 제트기는 뉴욕과 로스앤젤레스 간의 논스톱 비행이 가능합니다.

오랜 시타이션 고객인 시몬스 푸드는 기존의 세 대의 시타이션 제트기에 이 제트를 추가하여 여러 장소에서 비즈니스 여행의 효율성을 높입니다. 라테이드의 인기는 기업 사용, 전세, 개인 여행 및 공중 구급차와 공중 조사와 같은 전문 임무를 포함한 다양한 운영에 걸쳐 있습니다.

Textron Aviation a livré le 400ème Cessna Citation Latitude à Simmons Foods, marquant une étape importante pour l'avion. Le Citation Latitude est le business jet de taille intermédiaire le plus livré au monde depuis huit années consécutives, réputé pour sa fiabilité, sa polyvalence et son autonomie de 2 700 milles nautiques. Avec une cabine de plain-pied pouvant accueillir neuf passagers, il peut voler sans escale entre des destinations comme New York et Los Angeles.

Simmons Foods, client de longue date du Citation, ajoutera ce jet à sa flotte existante de trois jets Citation, améliorant ainsi l'efficacité de ses déplacements professionnels dans plusieurs lieux. La popularité du Latitude s'étend à diverses opérations, y compris l'utilisation d'entreprise, la location, les voyages personnels et des missions spécialisées telles que l'ambulance aérienne et l'enquête aérienne.

Textron Aviation hat das 400. Cessna Citation Latitude Geschäftsreiseflugzeug an Simmons Foods geliefert, was einen bedeutenden Meilenstein für das Flugzeug darstellt. Der Citation Latitude ist weltweit das meistgelieferte Mittelklasse-Geschäftsflugzeug seit acht aufeinanderfolgenden Jahren und bekannt für seine Zuverlässigkeit, Vielseitigkeit und eine Reichweite von 2.700 nautischen Meilen. Mit einer Kabine mit flachem Boden, die Platz für neun Passagiere bietet, kann er nonstop zwischen Zielen wie New York und Los Angeles fliegen.

Simmons Foods, ein langjähriger Kunde von Citation, wird diesen Jet seiner bestehenden Flotte von drei Citation-Jets hinzufügen und so die Effizienz seiner Geschäftsreisen an verschiedenen Standorten verbessern. Die Beliebtheit des Latitude erstreckt sich über verschiedene Einsätze, einschließlich Unternehmensnutzung, Charter, persönliche Reisen und spezialisierte Missionen wie Luftrettung und Luftvermessung.

Positive
  • Delivery of the 400th Citation Latitude reinforces its market leadership in the midsize jet segment
  • Citation Latitude has been the world's most-delivered midsize business jet for eight consecutive years
  • The aircraft's versatility appeals to a wide range of operations, expanding its market potential
  • Repeat customer (Simmons Foods) purchase indicates strong customer satisfaction and loyalty
Negative
  • None.

Insights

The delivery of the 400th Cessna Citation Latitude to Simmons Foods marks a significant milestone for Textron Aviation, solidifying the aircraft's dominance in the midsize business jet segment. This achievement underscores the Latitude's strong market position and consistent demand since its certification in 2015.

The Latitude's eight-year streak as the most-delivered midsize business jet highlights its competitive edge and customer appeal. Its 2,700-nautical mile range and versatile cabin configuration cater to diverse operational needs, from corporate travel to specialized missions, expanding its market reach.

For investors, this news signals Textron Aviation's resilience in a competitive market and its ability to maintain long-term customer relationships, as evidenced by Simmons Foods' continued fleet expansion. The consistent demand for the Latitude model suggests stable revenue streams and potential for future growth in Textron's aviation segment.

Simmons Foods' decision to add another Citation Latitude to its fleet demonstrates the strategic value of private aviation for geographically dispersed businesses. By expanding its Citation fleet to four aircraft, Simmons is prioritizing operational efficiency and rapid mobility, which are important for managing multiple locations effectively in the food industry.

This investment reflects a broader trend of companies leveraging business aviation as a tool for competitive advantage. For Simmons, the enhanced travel capabilities could translate to faster decision-making, improved client relationships and more agile responses to market changes.

From an investor's perspective, this transaction highlights the ongoing demand for business jets from established companies, even in traditional industries like food production. It suggests a positive outlook for the business aviation sector, particularly for versatile, mid-range aircraft that offer a balance of performance and cost-effectiveness.

WICHITA, Kan.--(BUSINESS WIRE)-- Textron Aviation today announced that it has delivered the 400th Cessna Citation Latitude business jet to longtime Citation customer Simmons Foods, a family-owned and operated company since 1949, of Siloam Springs, Arkansas. Simmons Foods will utilize the new aircraft to enhance the efficiency of its company’s business travel, complementing its existing fleet of three Citation jets that are integral to managing operations across multiple locations.

Textron Aviation | 400th Latitude Delivery (Photo: Business Wire)

Textron Aviation | 400th Latitude Delivery (Photo: Business Wire)

The Cessna Citation Latitude midsize business jet is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.

“The delivery of the 400th Citation Latitude is a testament to the aircraft's superior design and a proud moment for our team,” said Lannie O’Bannion, senior vice president, Global Sales and Flight Operations for Textron Aviation. “This milestone not only reinforces the Latitude's status as the leader in the midsize jet segment, but also underscores our commitment to innovation and customer satisfaction, setting new standards for comfort, efficiency and performance in the aviation industry.”

Certified in 2015, the Citation Latitude has been the world’s most-delivered midsize business jet for eight consecutive years and is a favorite with customers due to its reliability, versatility and impressive 2,700-nautical mile range.

With a flat floor cabin and ample space for nine passengers, the aircraft can fly nonstop between destinations such as New York and Los Angeles or Vancouver and Guatemala City. The Citation Latitude stands as the preferred choice among customers for a wide range of operations, including corporations, charter, personal travel, air ambulance, intelligence, surveillance and reconnaissance (ISR), utility transport, aerial survey, flight inspection, training and numerous other specialized missions.

“Over the years, we’ve found that Citation jets mean business in every way. Our fleet of Citations has significantly enhanced our company’s operational capabilities, allowing us to serve our customers, employees and farmers more effectively,” said Todd Simmons, CEO, Simmons Foods. “Guided by our family values of integrity, respect, hard work and innovation, the Latitude's performance and reliability are a natural fit for our business.”

About the Cessna Citation Latitude

The Citation Latitude midsize business jet, with a four-passenger range of 2,700 nautical miles (5,000 km) at high-speed cruise, is set apart from the competition by its combination of comfort and efficiency. The aircraft’s class-leading take-off field length of 3,580 feet provides operators with greater range out of short fields. Inside, the Citation Latitude offers an unrivaled cabin experience featuring the most open, spacious, bright and refined cabin environment in its category. With a flat floor and six feet of cabin height, innovation abounds with exceptional features designed throughout the aircraft.

About Textron Aviation

We inspire the journey of flight. For more than 95 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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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.

Media Contact:

Kevin Severin

+1.316.799.5488

kseverin@txtav.com

txtav.com

Source: Textron Aviation Inc.

FAQ

What milestone did Textron Aviation (TXT) achieve with the Cessna Citation Latitude?

Textron Aviation delivered the 400th Cessna Citation Latitude business jet, marking a significant milestone for the aircraft and reinforcing its leadership in the midsize jet segment.

How long has the Citation Latitude been the most-delivered midsize business jet?

The Citation Latitude has been the world's most-delivered midsize business jet for eight consecutive years since its certification in 2015.

What is the range of the Cessna Citation Latitude (TXT)?

The Cessna Citation Latitude has an impressive range of 2,700 nautical miles, allowing it to fly nonstop between destinations such as New York and Los Angeles.

Who received the 400th Cessna Citation Latitude from Textron Aviation (TXT)?

Simmons Foods, a longtime Citation customer and family-owned company based in Siloam Springs, Arkansas, received the 400th Cessna Citation Latitude.

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