December 2006
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| First FJ-44 Stallion delivered
Sierra’s stunning new FJ-44 Stallion program has achieved another milestone - our first customer delivery. After completing the upgrade from Pratt & Whitney engines to the more powerful and efficient Williams FJ44-2A powerplants, the aircraft owner graciously allowed us to use N54TS for demonstration purposes at the annual NBAA convention in Orlando, Florida last October. N54TS performed superbly and exceeded both our and the owner’s expectations (see story below).Two more Citations are currently in our shop being fitted with the FJ44 Stallion modification. This leaves only one more slot available for 2006, before a 2007 price increase goes into effect. If you’re interested in the Stallion upgrade for your Citation, don’t miss this final opportunity to save before 2007!

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| FJ44 Stallion flight to NBAA demonstrates dramatic performance increase for Citation 500/501SP
ORLANDO, FLORIDA – On October 15, 2006, Sierra Industries CEO Mark Huffstutler flew the new winglet-equipped Stallion nonstop from Scottsdale AZ to Orlando, FL – a distance of more than 1650 nautical miles – in under 4 hours!
Mark Huffstutler, Sierra’s CEO and pilot for this flight remarks,“This cross country flight to the NBAA convention in the Stallion demonstrates the range potential of our latest re-engining program. Owners can count on a day to day range of 1400 nautical miles with their Stallion while cruising at Flight Level 430 and better than 380 knots true airspeed.”

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| 10 Miles High in a Citation I
UVALDE, TEXAS: Sierra Industries, Ltd. recently made aviation history by flying higher than any Citation I aircraft has ever flown. Mark Huffstutler, pilot for the record-breaking flight had this to say:
“After climbing to Flight Level 470, I requested block altitude above to continue our flight. I knew we were high, but at that altitude the pressure instruments were unreliable. At something over 49,000 feet and climbing at 250 per minute, we got a Master Caution warning light that one of the Electronic Control Units had reverted to manual mode. I decided to return to Uvalde and evaluate the data for the next day’s flight. In reviewing the data, we discovered that we had already exceeded FL500 by 361 feet!”
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Sierra Industries, LTD.
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