Cirrus Aero-Engines

January 21, 2012 - 3:19pm

Kestrel Aircraft CEO Alan Klapmeier pushed the recall button on January 16 and cashed in to the tune of potentially $118 million. The company is abandoning its plans to set up production of its single-engine turboprop K-350 in Maine in favor of Superior, Wis.

March 1, 2011 - 10:00am

Cirrus Aircraft president and CEO Brent Wouters announced yesterday morning that China Aviation Industry General Aircraft (Caiga) has signed an agreement to purchase 100 percent of Cirrus Aircraft from the several hundred shareholders that own the Duluth, Minn.-based light aircraft manufacturer.