64 MILLION DOLLAR QUESTION FOR CIRRUS
03 Jun 2010
Save to de.icio.us
MONEY! $64 million of it - that's what Cirrus needs to continue to develop its Vision SF50 personal jet, according to the company boss.
In a web-based worldwide press conference earlier this week, CEO Brent Wouters said Cirrus had already spent $64m but needs an additional similar sum to take the jet through certification and into production. Cirrus anticipates having to raise that sum from outside sources. If that money is raised, Wouters says a Conforming Prototype will be built next year, for further certification flight tests, with deliveries starting in 2013.
Price of the Cirrus Vision SF50 jet went up to $1.72m this year. Cirrus has 106 orders to date. Deposits being held can be put towards a new SR22, until 30 June, but are not refundable.
One of the most difficult areas to get right, said Wouters, is the whole aircraft parachute system, which Cirrus already has on its SR20 and SR20 piston engine aircraft. The problem is that the jet could be travelling far faster than those aircraft - up to 300kt TAS.
Avionics will be based on Garmin's new touchscreen G3000 system, which itself is still under development.
www.cirrusdesign.com
Send To A Friend
Be the first to comment!