Cirrus Sold to Chinese Company
By William Garvey william_garvey@aviationweek.com
Having recently acquired a U.S.-based aviation engine maker as well as a kit plane company, the Chinese are now buying Cirrus Industries, the Duluth, Minn., builder of the four-place Cirrus SR22 family of aircraft. The acquisition, announced today, is expected to close by midyear. Terms of the transaction were not released.
Cirrus President and CEO Brent Wouters said today that ...
