GA Faces Even More 'Belt-Tightening' With Additional Cuts At Cirrus | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Feb 19, 2009

GA Faces Even More 'Belt-Tightening' With Additional Cuts At Cirrus

The Ailing Economy Continues To Plague The Aviation Industry

At this week's GAMA Annual Industry Review & Market Outlook Briefing, it was obvious to everyone in the briefing room that the positive spirit and outlook enjoyed in year's past would not be seen, again, for some time. The economic downturn/collapse/recession/mess is having a harsh affect on the aviation community... from the small-town FBO up through the largest aircraft manufacturers.

After Wednesday's not-unexpected news of the mass furloughs at what's left of Eclipse Aviation, ANN has learned that Cirrus Aircraft is continuing to refine their survival plan to not only deal with the harshness of the economy but to try and maintain a direction for future growth and product development... but it means that a sharp knife has to be used to cut away at anything that 'isn't absolutely necessary right now.'

Cirrus CEO, Brent Wouters, has confirmed directly to ANN that additional layoffs are taking place today on a number of areas at the company. Wouters emphasizes that the cuts are in areas that are currently not required for the levels of piston production needed to meet existing demand, and while some cuts have taken place in the SJ50 jet development side of the business, that the cuts are in staffing that had been supporting the development of the flying prototype and will not be needed to move the program forward to certification in the next few years.

Following his morning appearance, today, on the Fox Business Network, Wouters noted that, "Cirrus is increasing its focus on the jet... and shifting resources from the piston projects into the jet program."

Wouters added that, "Cirrus doesn't need as many technical resources now that the program has shifted from the prototype build and test phase, to the detailed airframe and systems design phase. Resource changes do not impact the jet timeline and progress, and Cirrus is focusing its personnel or financial resources in this economy on the jet program."

Specifics about the number of personnel affected were still being collected as this story was being compiled. ANN expects to have more info shortly...

FMI: www.cirrusaircraft.com, www.foxbusiness.com

Advertisement

More News

ANN's Daily Aero-Term (05.01.24): Say Altitude

Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]

ANN's Daily Aero-Linx (05.01.24)

Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]

Classic Aero-TV: Korean War Hero Twice Reborn

From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC