Mon, Jul 06, 2009
Last week, ANN and Aero-TV broke big news as Alan Klapmeier
disclosed his plan for the possible buy-out of the Vision jet
program from Cirrus Aircraft and Arcapita. As usual, we got the
salient details to you right away... hours before official details
leaked out and several more hours before some other so-called
aviation publications could transcribe and copy the interview...
Click Image Above to View Today's Aero-TV
It was a pivotal moment for the Vision jet program as Alan
Klapmeier signaled his determination to bring this jet dream to
market, even if he had to start all over again (outside of Cirrus),
to do it. As noted at the time we broke this story, with the
knowledge and apparent blessing of both entities, Cirrus Co-Founder
Klapmeier is raising funds to complete the purchase and development
of the single-engine Cirrus Vision jet. Financial advisers, Merrill
Lynch, have signed to provide the necessary financial horsepower to
oversee the money side of the equation.
"The transition into this new company will be basically taking
the jet program as it exists today, completing the financing, and
moving forward so that we can get this airplane into production."
Klapmeier notes that he hopes to be in a position to deliver
completed aircraft by the end of the 2012 or early 2013.
But... there is more to the initial interview that we did with
Alan... more details beyond the immediate announcement and we
thought it germane to fill in the blanks and share the rest of it
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