Cirrus Aircraft President Brent Wouters expects to return his company to profitability this year. Despite a 2009 that can best be described as challenging, Wouters also said the company is committed to continuing development of its SF50 single-engine jet. As funding ran short, work on the jet project was recently moved to the main Cirrus facility in Duluth, Minnesota, from a rented hangar. Thinking glass-half-full, Wouters cited savings of up to $2 million in utilities and also said having the jet project closer at hand has improved communications with the development team.
Cirrus President Sees 2010 As a Comeback Year
Key Takeaways:
- Cirrus Aircraft expects to return to profitability this year despite a challenging 2009.
- The company remains committed to the continued development of its SF50 single-engine jet.
- The SF50 jet project was relocated to Cirrus's main facility, saving up to $2 million in utilities and improving team communication.
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