Lamest announcement .... ever


newsflash.... we are not announcing bankruptcy ... today ... peons rejoice!

That would be Beechcraft!

where's the beef?

Most of the financing... huh? so the project will move forward to being 90% done before they cancel it again.

The M2 doesn't replace the Mustang. It replaces the CJ1.

For anyone with a classical education:

Mons parturibat, gemitus immanes ciens,
eratque in terris maxima expectatio.
At ille murem peperit. Hoc scriptum est tibi,
qui, magna cum minaris, extricas nihil.
(Aesops fables, book IV)

Of which Cessna sold ever diminishing numbers the moment they added the bigger CJs on one hand and the Mustang on the other. Not sure the market niche is that big.

Back on the subject of the Cirrus Jet.

The Extra 500 should be certified soon. That fills the price point at about $1.5 mil. With the Meridian selling around 30 units/yr. and TBM (@another $ million) with another 30 units/yr., there's not a lot of room to split that market.

It's a big bet for Cirrus to think they can build a brand new market niche.....that a new group of buyers would arrive and pass up existing, proven models just on the alure that it is really a "Jet".

Cirrus must really believe in their ability to grow sales in the emerging markets.

I just don't see the fascination with small jets. They are too small, limited range, not efficient to operate and astronomical cost to maintain.

I like the Extra 500. That's a definite possibility for me if they ever get it done.

Ive looked at the proposed numbers on Cirrus website. It burns more fuel than the TBM for the same speed and short 400 ibs for full fuel payload. There is 7 seats but I dont see many flight that you could fill these, it competes more with the Meridien than the TBM or Mustang. You can go fast but not far with not much in the cabin.

That doesn't bother some folks; there is a "cool" factor, especially with the V-tail

But I'd be surprised there would enough buyers to make this a sustained success.

And maybe for those who aren't classicaly educated:
The Mountain in Labor (trans. C. Smart)

The Mountain labor'd, groaning loud,
On which a num'rous gaping crowd
Of noodles came to see the sight,
When, lo ! a mouse was brought to light!
This tale 's for men of swagg'ring cast,
Whose threats, voluminous and vast,
With all their verse and all their prose,
Can make but little on 't, God knows.

Don't misunderestimate Cirrus.

Since 2002, they singlehandedly created a market for 4-seat plastic singles and brought a good number of new drivers into the market. With a compelling product, they may be able to bring new entrants into GA.

There are good reasons to go to a SE jet, dirt simple to operate (one switch, one lever), low DOC, easier to fly than a TP or twin, low risk of FOD....

This is my problem with all of Cirrus, great aircraft if you want to fly yourself or one other. Not so great as a family travel vehicle. Given how well the SR-22 has done I somehow don't think it'll be a problem for the Jet.