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Thielert Engine to Power Cessna Aircraft

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
air transport
Cessna Aircraft Company, a Textron Inc. (NYSE:
TXT) company, announced today it has reached agreement with Germany´s
Thielert Aircraft Engines GmbH, a wholly owned subsidary of Thielert 
Aktiengesellschaft (FSE: T3C), to collaborate on future programs 
centered on the Thielert diesel engine. Cessna is the world-leading 
manufacturer of piston aircraft and therefore becomes one of the most
important OEM customer for Thielert´s Centurion engines. Over the 
upcoming years Thielert expects thousands of engine deliveries. 
Details are scheduled to be announced later this year by Cessna. This
announcement is a significant step forward in the relationship 
between the two companies that has been formally established through 
the framework agreement dated 2004.
"We think the Thielert engine may provide a very worthwhile power 
option for many of our customers since it runs on jet fuel or 
diesel," said Cessna Vice President, Worldwide Propeller Aircraft 
Sales John Doman. "We have had discussions with Frank Thielert and 
his group for some time, and we think the time is right to move 
forward."
"We have a number of products that are of interest to Cessna and we 
are excited to be moving forward in our relationship," said Frank 
Thielert, CEO of Thielert Aircraft Engines GmbH. "The benefits are 
documented, so we have great confidence the customers of Cessna would
be pleased with the savings and reliability."
Thielert won several European certifications since 2002 for 
retrofitting diesel engines into Cessna aircraft, and a supplemental 
type certificate (STC) for the 172 model from the U .S. Federal 
Aviation Administration was granted in March 2007.  Thielert engines 
feature low fuel consumption, electronic engine control systems, and 
improved hot-and-high engine performance.
Based on unit sales, Cessna Aircraft Company is the world's largest 
manufacturer of general aviation airplanes. In 2006, Cessna delivered
1,239 aircraft, including 409 Cessna 172 Skyhawk piston aircraft, and
reported revenues of about $4.2 billion and a backlog of $8.5 
billion. Since the company was originally established in 1927, more 
than 189,000 Cessna airplanes have been delivered to nearly every 
country in the world. The global fleet of about 40,000 Cessna 172 is 
the largest fleet of piston aircraft in the world.
end of announcement                               euro adhoc 28.06.2007 08:15:50

Further inquiry note:

Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40/696950-35
E-Mail: press@thielert.com

Branche: Machine Manufacturing
ISIN: DE0006052079
WKN: 605207
Index: SDAX, CDAX, Prime All Share, Classic All Share
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