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Cirrus Aircraft begins development

March 1, 2013, 04:58 pm

Cirrus Aircraft's Vision SF50 jet might be seen in the skies soon, as development has sped up on the plane recently.

The development of the aircraft is being funded by its new owners, China Aviation Industry General Aircraft. The economic collapse and Cirrus Aircraft's search for new capital, resulted in the jet being sold.

According to Dale Klapmeier, the co-founder and CEO of CAIGA, the Vision SF50 program is on the path toward being certified by the end of 2015. He added that the SF50 program has been running for an extended period of time and the company has been going at the speed of cash to help them continue.

The jet costs $1.9 million and is advertised as a personal jet that is designed to fill the space between piston singles and twins and the very light jet.

Pilots who will be flying the jet should make sure they have pilot insurance, which could give them a safety net if anything unexpected were to go wrong.

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