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-05.06.24

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 (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Term (05.06.24): Altitude Readout

Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]

ANN's Daily Aero-Linx (05.06.24)

Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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