Cirrus Sets $1.39 Million Intro Price For Vision Jet

  • E-Mail this Article
  • View Printable Article
  • Text size:

    • A
    • A
    • A

Cirrus Aircraft announced on Wednesday that it has set a maximum initial price of $1.39 million for its single-engine Vision Personal Jet, for owners who already hold current production reservations. This price will be for a Vision Jet delivered in a configuration analogous to the current GTS model SR22, the company said. "With our pricing announcement today, we have rewarded those who partnered with us since the beginning of the Vision Jet development program by creating substantial and immediate value in their production position reservations," said Cirrus Aircraft President and CEO Brent Wouters. For new buyers who reserve a production position between now and the end of the year, the maximum purchase price will be $1.55 million. Buyers must put down a non-refundable deposit of $100,000 to secure that price. "Our commitment to the Vision Jet is absolute and unequivocal," Wouters said. "Cirrus has the personnel, leadership and conviction to bring the Vision Jet to serial production as quickly as possible."

Beginning Jan. 1, 2010, a new Vision Jet production position reservation will require a non-refundable $50,000 deposit to secure a maximum purchase price of $1.72 million. All prices are in 2009 dollars. Wouters added that several third parties have expressed an interest in investing in Cirrus Aircraft and the Vision Jet program. "While only time will tell whether those inquiries are fruitful, we will keep the program moving forward with internal resources in the meantime," he said. "This same incremental funding approach brought the SR20, and later, the SR22 aircraft to market."