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Cirrus Bounces Back from 2010 Market Slump

A Cirrus SR22T. [Courtesy of Cirrus Aircraft]
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Key Takeaways:

After a difficult 2010, Cirrus shipments bounced back during the first quarter of 2011, according to recent data released by the General Aviation Manufacturers Association.

A GAMA report showed Cirrus made 61 aircraft shipments in the first quarter, up from the 53 the Duluth, Minnesota-based manufacturer reported during the same period last year. The company’s billings also improved, rising from $29.7 million last year to $37 million this year.

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