Cirrus Aircraft is now officially owned by the Chinese aviation firm CAIGA. The two companies confirmed the completion of their merger on Tuesday, exactly four months after the deal was first announced.
The change in ownership has sparked much speculation about what kind of presence the manufacturer will maintain in the United States. Cirrus president and CEO Brent Wouters attempted to quell such concerns in a recent company press release by emphasizing that the deal would not trigger an elimination of either Cirrus manufacturing or jobs in the United States in the near future.
