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CITATIONSHARES APPOINTS WILLIAM B. 'WOODY' HARFORD SVP, CHIEF REVENUE OFFICER

10/14/2008

GREENWICH, CT. — CitationShares, a subsidiary of Cessna Aircraft Company and Textron, Inc., has announced the appointment of William B. "Woody" Harford as the new Senior Vice President, Chief Revenue Officer. Harford will be responsible for both the Sales and Marketing departments.

"I am very happy to be joining CitationShares and the fractional ownership industry," said Harford, "particularly in light of the changing needs of the corporate customer, and I look forward to working with the CitationShares team."

Harford comes to CitationShares from British Airways, where he worked for 18 years. His most recent position was Senior Vice President Commercial, Americas, where he led a multi-functional group of sales and marketing professionals building business with corporate customers.

"Woody Harford joins us at an opportune moment in our growth," said Steve O’Neill, CitationShares CEO. "We have been recognized for our value and outstanding customer service, and Woody will help us tell our story to a demanding group of potential customers, both individuals and businesses."

Prior to British Airways, Harford spent six years in the advertising business working at both McCann Erickson Worldwide and Grey Advertising. He is a graduate of Franklin and Marshall College in Lancaster, PA. A native of Columbia, MD, Harford currently resides in New York City.


About CitationShares
CitationShares is an industry leader in fractional jet ownership and jet card membership. Founded in 2000, CitationShares offers individuals and businesses the advantages of private jet travel through its innovative fractional and whole-aircraft ownership programs, Citelines and JetForth, and through its unique Vector JetCard, which allows customers access to an aircraft on an hourly basis. CitationShares works exclusively with Cessna's popular Citation jets—Citation Bravo, Citation CJ3, Citation XLS, and Citation Sovereign—which are serviced and maintained at the factory-level. CitationShares operates the youngest fleet in the air by the best pilots in the industry, while setting the standard for safety and customer service. More information about CitationShares and its offerings is available at www.citationshares.com.

About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272 aircraft, including 387 Citation business jets, and reported revenues of about $5 billion. Cessna has a current backlog of $14.5 billion. Since the company was originally established in 1927, some 190,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 5,100 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

About Textron Inc.

Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, 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, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

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