Foley Organizing Cirrus Aircraft Counter-Offer
Within a week of publishing his industry analysis of China's
recent purchase of some US general aviation companies, consulting
firm BRiFO President Brian Foley now finds himself charting a new
and wholly different course of action on that topic. Foley's paper
discussed, among other things, the recent bid on Duluth,
Minnesota-based Cirrus Aircraft, a respected maker of light piston
aircraft, by Chinese plane maker China Aviation Industry General
Aircraft (CAIGA or AVIC).