Cirrus Expects Funding To Start Flowing

 - September 27, 2011, 11:05 AM

Cirrus Aircraft reached a milestone late last week when newly appointed CEO Dale Klapmeier delivered the 5,000th SR-series airplane, an event staged at AOPA Aviation Summit in Hartford, Conn. Cirrus has also just completed a new business plan for its SF-50 Vision Jet program at the request of China Aviation Industry General Aircraft (Caiga), which acquired the Minnesota-based airframer in late June. Klapmeier, who took over as CEO last week after the departure of former CEO and president Brent Wouters, told AIN that based on the new report, he expects Cirrus to begin ramping up its engineering and manufacturing staff for the Vision jet soon. “When we started the program, we really looked at it as how quickly can we get it done. Over the last couple of years, we looked at it as how little can we spend to get the program done, and now we are in a scenario saying, ‘What is the best way to get the program done,’” he said. “We don’t have to rush, we don’t have to conserve every penny.” At the show, Cirrus displayed a Vision mockup painted in a quasi-military scheme to acknowledge the 100th anniversary of naval aviation, as well as the jet prototype.