Cirrus Aircraft counts on SR22-T to create buzz for private jets

08/26/2010 | TheStreet.com

Cirrus Aircraft has seen demand drop for private jets, but the company hopes to create buzz with the recent debut of its Cirrus SR22-T. For the first quarter, total billings increased 22% year on year, but the company has not recovered to its pre-recession level. "I don't care if I deliver three airplanes a week, or five or seven," said Cirrus CEO Brent Wouters. "I want to do it at a level that is sustainable and at good solid gross margins."

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