Happy Days Are Here Again at Cirrus

Cirrus announced this week it is increasing production rates to eight aircraft per week and rehiring 50 furloughed employees. The production rate increase is the second in a month and a half at Cirrus, with the rate now double what it was at its low point of four aircraft per week. The ramp-up is attributed to "consistent growth in new-aircraft orders over the past 120 days," outpacing the reduced production rate. Orders are coming from both domestic and foreign customers, including both retail and institutional orders. Similarly, Cirrus has seen increased activity in its Cirrus Certified used aircraft sales program, with inventories of used aircraft "showing increasing signs of stabilization." According to a report on Minnesota Public Radio, Cirrus currently employs a total of 800 at its Duluth and Grand Forks, North Dakota, plants. Most of some 500 employees placed on furlough earlier this year are now back on the job, according to the station.