Aircraft
Funding Falls Into Place for Cirrus Jet Certification
Cirrus Aircraft announced yesterday that it has secured funding to complete the composite single-engine Vision SF50 jet, with certification now scheduled for 2015. Price for the seven-place jet is $1.72 million until June 30, after which it climbs to $1.96 million. (Photo: Matt Thurber)
Cirrus Aircraft announced yesterday that it has secured funding to complete the composite single-engine Vision SF50 jet, with certification now scheduled for 2015. Price for the seven-place jet is $1.72 million until June 30, after which it climbs to $1.96 million. (Photo: Matt Thurber)

Cirrus Aircraft announced yesterday that it has secured funding to complete the composite single-engine Vision SF50 jet from company owner China Aviation Industry General Aircraft (Caiga). Development of the single-engine Vision jet slowed during the recession. When Caiga purchased Cirrus for an estimated $210 million last June, the company said that development of the Vision jet would continue.

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