24 May 2025, 05:38 [ UTC - 5; DST ]
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Post subject: Cirrus has a good quarter...now 36% market share...  Posted: 03 Jun 2010, 15:57 |
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Joined: 02/13/10
Posts: 20203
Post Likes: +24867
Location: Castle Rock, Colorado
Aircraft: Prior C310,BE33,SR22
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...and they promise to continue working toward their jet production, now holding 431 orders for Vision Jet. Anybody here on that jet list? http://www.generalaviationnews.com/?p=24097
_________________
Arlen
Get your motor runnin'
Head out on the highway - Mars Bonfire
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Post subject: Re: Cirrus has a good quarter...now 36% market share... Posted: 03 Jun 2010, 17:40 |
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Joined: 11/01/08
Posts: 5008
Post Likes: +1634
Location: KAVQ, Tucson AZ
Aircraft: Sold em all@72
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Username Protected wrote: ...and they promise to continue working toward their jet production, now holding 431 orders for Vision Jet. Anybody here on that jet list? http://www.generalaviationnews.com/?p=24097Come-on give me a break, 36% market share? What market, single engine non-metal airplanes made in Duluth, Minn?
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Post subject: Re: Cirrus has a good quarter...now 36% market share... Posted: 03 Jun 2010, 18:01 |
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Joined: 04/06/08
Posts: 2718
Post Likes: +100
Location: Palm Beach, Florida F45
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Remember that everyone that writes these types of articles are just vanity presses. They always produce positive spin.
At a current run rate of 200 Cirrus deliveries a year, you can count that they're loosing their shirts. Last year they couldn't even pay their rent. Another 50 deliveries/yr. isn't going to change their picture much. The "Jet" project lacks $125,000,000.00 while the market is still overun with used jets.....and the market prices are continuing to drop! It's a rough patch for everyone in aviation and it's going to be a while longer before we see better days.
IMO....There's no real good news in Duluth....just spin.
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Post subject: Re: Cirrus has a good quarter...now 36% market share... Posted: 03 Jun 2010, 21:18 |
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Joined: 03/03/10
Posts: 2506
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Location: MO
Aircraft: 350
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Username Protected wrote: IMO....There's no real good news in Duluth....just spin. Sorry, Rick. No spin for the Cirrus. Just the chute. 
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Post subject: Re: Cirrus has a good quarter...now 36% market share... Posted: 03 Jun 2010, 21:56 |
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Joined: 05/25/10
Posts: 4259
Post Likes: +480
Location: North Myrtle Beach, SC (KCRE)
Aircraft: 1978 Bonanza V35B
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Username Protected wrote: Interesting they've chosen to go with boots instead of TKS That's a mistake, IMO.
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