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June 14, 2012updated Nov 05, 2020

“Personal” Private Jet: Cirrus Secures Funding for Vision PJ Project

By Pardhasaradhi Gonuguntla

DULUTH, Minn. _ Reported by Elite Traveler, the private jet lifestyle magazine

Cirrus Aircraft announced that its Cirrus Vision SF50 personal jet program, with major investment by its new owner CAIGA, is fully funded through certification and initial production. The company anticipates first customer delivery will take place in 2015.

The Cirrus Vision creates a new category in personal aviation – it is the first aircraft of its kind to fill the gap between high performance pistons and traditional turboprop twins and light business jets. The Vision will offer the same class-leading innovation, technology and style hallmarks that Cirrus is known for in its best-selling SR20, SR22 and SR22T family of single engine piston aircraft. Seating up to five adults and two children in an expansive cabin that sets a new standard in luxury and flexibility for pilots and passengers, the Vision is designed for performance, affordability and safety.

‘Today is simply a tremendous milestone for Cirrus,” said Dale Klapmeier, CEO and Co-founder of Cirrus Aircraft. “We revolutionized general aviation with the introduction of the SR20 just over a decade ago. With more than 5,100 SR-series aircraft delivered to date, pilots, entrepreneurs, families and aviators of all kinds have embraced our dream. Today, that dream is renewed as we are on the cusp of an even bigger leap with the Cirrus Vision. Cirrus customers, employees and partners around the world are rightfully proud of this moment.”

Klapmeier added, “We have come so far in just a brief time with our new owners as they share our vision for the future of aviation and personal transportation. They have set the highest expectations for the Cirrus team. But more importantly, they are actively partnering with Cirrus while providing substantial resources for us to meet and exceed our shared goals as we build an entire family of Cirrus aircraft.”

The first flight of the Vision concept aircraft was in 2008. Detail design, systems verification and full flight envelope testing have been ongoing since that time. Today’s investment, however, significantly increases the pace and momentum of the program and allows the company to bring the jet to the market. In an effort to ramp up to certification and production, Cirrus Aircraft will accelerate hiring of engineers, designers and other related technical disciplines critical to the completion of the program.

The Cirrus Vision development team, working with global design and vendor partners, is based at Cirrus Aircraft company headquarters in Duluth, Minn., and Vision jets will be assembled right alongside the SR20, SR22 and SR22T in the same Minnesota and North Dakota Cirrus Aircraft production facilities. Garmin (avionics and flight deck), Williams International (turbofan engine) and Triumph Group (trailing link landing gear) are just three of the strongest brands in aerospace that are members of the Vision supplier team.

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Through June 30, 2012, the list price for a well-equipped Cirrus Vision SF50 is $1.72 million with list price moving to $1.96 million effective July 1, 2012.

www.cirrusaircraft.com

 

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