Cessna renames new Turbo Skylane aircraft

Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced it is renaming its newest single engine product. The jet-fuel burning turbo aircraft announced at the EAA/AirVenture in Oshkosh, Wis., last week as the Turbo Skylane® NXT will now be called the Turbo Skylane® JT-ATM.

As confirmed by customer feedback at Oshkosh, the name Turbo Skylane® JT-ATM better captures and reflects the innovative features of the new plane than the NXT designation. It was also brought to Cessna's attention shortly after the announcement of the Turbo Skylane® NXT that there was a previous use of the NXT name in the aviation industry of which Cessna had not been aware. Cessna both respects the trademark rights of others and desires to obtain registered trademark status on its name for this important new product.

Deliveries for the Turbo Skylane® JT-ATM are still expected to commence in the first quarter of 2013.