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Old 6th Mar 2011, 12:17
  #28 (permalink)  
CirrusSR22T
 
Join Date: Apr 2009
Location: Sydney
Age: 49
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Cirrus has been owned by a foreign company (middle Eastern) for over the last 5 years & has become the most succesfull 4 seat aircraft during this time ( by market share & sales volume).
Cirrus will contine to build their product in MN & ND USA. The Chinese have also given a $100 mill cash injection instantly to fund the final stage of the SF50 jet program so a production certification can be achieved sooner rather than later. In the future SR series aircraft might be produced in China, but i would suspect this would be only for the domestic Chinese GA market which is about to explode with the restictions on GA being relaxed in stages.

The investment also offers security for the cirrus employees going forward whilst the USA slowly drags itself out of economic doom & gloom.

Excuse my poor English skills as i have just returned from an end of Avalon 2011 BBQ, and the Shiraz was quite tasty
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