Earlier this year, this geek wrote about Cirrus general aviation which is not a trend here yet as opposed to the US. Here’s an update from Cirrus:
Duluth, MN - May 13, 2010:
Cirrus Aircraft Shipments and Market Share Up Significantly in 1Q2010 Despite Continued Softness in the General Aviation Piston Marketplace
In contrast to the overall industry trends, Cirrus Aircraft grew both unit deliveries and market share on a year-over-year basis in the first quarter of 2010. Brent Wouters, President and CEO of Cirrus Aircraft noted, "We are obviously still working through a period of variable demand, even on a month-to-month basis. Yet these new numbers are the clearest signs that Cirrus is making sustained and measurable progress in spite of the inherent challenges in today’s market place. The Cirrus delivery numbers also reflect greater long-term stability with less quarterly variation. We attribute this to the significant value in our product and strength of our company - both very important to our customers."
Brent Wouters appeared on FoxBusiness News on TuesdayMay 11th to discuss Cirrus Aircraft’s 2010 global partnership with RedBull Air Race and strong first quarter performance.SEE VIDEO.
About Cirrus Aircraft
Cirrus Aircraft , a member of the global portfolio of Arcapita companies, is a recognized leader in personal aviation aircraft. Its popular SR20, SR22 and TURBO composite airplanes incorporate innovative and advanced performance and safety technologies, including the unique Cirrus Airframe Parachute System (CAPS™). As of early 2010, total time on the worldwide Cirrus Aircraft SR-series fleet surpassed 3.4 million hours with 19 CAPS deployments resulting in 36 lives saved. The Cirrus Aircraft Vision Jet, with nearly 500 positions reserved to date, will provide a new personal and regional business transportation solution - the ‘personal jet’. Cirrus has a direct sales force in North America and sales centers in more than 40 countries around the world. For additional information on Cirrus Aircraft and its products please visit:cirrusaircraft.com
