A Reservation This Year Guarantees A $1.55 Million Cap
Cirrus Aircraft announced Wednesday a maximum initial price of
$1.39 million USD for owners of current production reservations for
its single-engine Vision Personal Jet. This price will be for a
Vision Jet delivered in a very well-equipped configuration
analogous to the current GTS model in the best-selling SR22 piston
family of airplanes from Cirrus Aircraft.
"Cirrus is uniquely positioned to understand materials costs and
the costs of manufacturing of the Vision Jet by way of our
experience in building and delivering nearly 5,000 SR20 and SR22
aircraft," said Cirrus Aircraft President and CEO Brent Wouters.
"With our pricing announcement today, we have rewarded those who
partnered with us since the beginning of the Vision Jet development
program by creating substantial and immediate value in their
production position reservations. At the same time, Vision Jet
pricing for new reservations is equally compelling given the
revolutionary performance and capability demonstrated by the V1
flight test aircraft to date."
For customers reserving a Vision Jet production position between
now and December 31, 2009 with a non-refundable $100,000 deposit,
the maximum purchase price for a Vision Jet will be $1.55 million.
Beginning January 1, 2010, a new Vision Jet production position
reservation will be secured with a non-refundable $50,000 deposit
with a maximum purchase price of $1.72 million. All prices are in
Cirrus Vision Jet
Wouters concluded, "Our commitment to the Vision Jet is absolute
and unequivocal. Cirrus has the personnel, leadership and
conviction to bring the Vision Jet to serial production as quickly
as possible. Others share our view as several third parties have
expressed an interest in investing in Cirrus Aircraft and the
Vision Jet program specifically. While only time will tell whether
those inquiries are fruitful, we will keep the program moving
forward with internal resources in the meantime. This same
incremental funding approach brought the SR20, and later, the SR22
aircraft to market and out of that effort was born the best-selling
four-place piston airplane for now seven years running."