BeechTalk - BT

Username Protected · **Posted:** 26 Aug 2009, 20:35

The Cirrus CEO just announced significant cutbacks, addtional layoffs, and a plant closing. He added that the cutbacks will have an "unquanifiable" effect on the SF50 Jet program. Cirrus says they have "no plans" for filing (bankruptcy).

Article on aero-news.net

I certainly don't want to see this kind of trouble at Cirrus. GA has at least two or three years of big bumps ahead. I think I'm going to sit back for a while and enjoy my Beech!

Username Protected · **Posted:** 26 Aug 2009, 21:10

Cirrus Jet -- D.O.A.

What a shame.

Username Protected · **Posted:** 26 Aug 2009, 21:15

Oh boy...this is bad, bad news. The Cirrus Jet was the only VLJ that had a chance, IMHO. They have the installed base of airplanes to drive adoption via upgrades without the need to acquire tons of new customers. What a drag.

Username Protected · **Posted:** 27 Aug 2009, 05:17

Username Protected wrote:

Oh boy...this is bad, bad news. The Cirrus Jet was the only VLJ that had a chance, IMHO. They have the installed base of airplanes to drive adoption via upgrades without the need to acquire tons of new customers. What a drag.

Doesn’t Diamond Aircraft still develop the D-Jet? Diamond has strong financial resources as well as thousands of satisfied pilots. I bet many of them are ready to upgrade to the D-jet.

Username Protected · **Posted:** 27 Aug 2009, 05:52

Hehe. Yeah maybe. Tried the mockup at Aero 2009. Very impressive :drool:

, but outside my - lets call it financial envelope.

Username Protected · **Posted:** 27 Aug 2009, 06:50

Well, deposits in aviation have always been a risky business, especially for "new and revolutionary" designs. But I think Diamond will succeed. When they where able to ride off the Thielert-crisis, I think they can manage almost anything. :bow:

And a Diamond does not look superior on paper. But talk to the owners. They all love it.

(I know, not those with the Thielert-experience)

Username Protected · **Posted:** 27 Aug 2009, 10:44

I never understood why anyone would put a deposit on anything.

There's always going to be some schmoe that buy's "said thing" and can't afford to keep it so he sells. Never fails.

Username Protected · **Posted:** 27 Aug 2009, 10:47

When Eclipse was riding high, some early depositors earned nice gains by selling their delivery positions. Aviation seems to run more on hope and dreams than other industries. Well... then there's banking :scratch:

Username Protected · **Posted:** 27 Aug 2009, 12:02

I am a contrarian on one thing- I believe that the Piper Jet will reach production, and will sell.

Username Protected · **Posted:** 27 Aug 2009, 12:05

Username Protected wrote:

I am a contrarian on one thing- I believe that the Piper Jet will reach production, and will sell.

In general aviation, if you want to bet on something, place your money on Beech, Cessna or Piper.

Not a sure thing, but others come and go. Those three are still here.

(and Maule?)

Username Protected · **Posted:** 27 Aug 2009, 12:14

Username Protected wrote:

I am a contrarian on one thing- I believe that the Piper Jet will reach production, and will sell.

In general aviation, if you want to bet on something, place your money on Beech, Cessna or Piper.

Not a sure thing, but others come and go. Those three are still here.

(and Maule?)

Username Protected · **Posted:** 27 Aug 2009, 12:29

Username Protected wrote:

...you just created a mental image...

...the MauleJet - steel tube, ceconite and a Williams FJ44 turbine. STOL. Ground run of 19 feet. Climb rate of 4,900FPM (at 36 knots).

You saw it here, first!

And don't forget those tundra tires :clap:

Username Protected · **Posted:** 27 Aug 2009, 12:45

Well, to make it Beech-related, my T-Bone had JATO rockets at one time! Really. There's a provision in the POH for using JATO.

I think the burn was something like 30 seconds.

Wouldn't that be something to see?

Username Protected · **Posted:** 27 Aug 2009, 12:57

Quote:

...you just created a mental image...

...the MauleJet - steel tube, ceconite and a Williams FJ44 turbine. STOL. Ground run of 19 feet. Climb rate of 4,900FPM (at 36 knots).

You saw it here, first!

this is close to that description:

Username Protected · **Posted:** 27 Aug 2009, 13:06

Username Protected wrote:

Quote:

...you just created a mental image...

...the MauleJet - steel tube, ceconite and a Williams FJ44 turbine. STOL. Ground run of 19 feet. Climb rate of 4,900FPM (at 36 knots).

You saw it here, first!

this is close to that description:

Why even bother with a runway?

Russ

Changes at Cirrus