28 June 2011
Cirrus Aircraft and China Aviation Industry General Aircraft Co., Ltd. (CAIGA) have announced that the two companies have completed their merger.
“We’re very excited to have joined forces with CAIGA,” said Brent Wouters, Cirrus President and Chief Executive Officer. “This partnership will benefit our business and our customers; we share with CAIGA a vision of worldwide growth. CAIGA has the resources that will allow us to expedite our aircraft development programs and accelerate our global expansion.”
Wouters also said that he expects the merger to deliver benefits in terms of jobs and job growth in the United States: “Our partners at CAIGA understand the strength and the talent of Cirrus’s workforce who have made the Cirrus brand so successful and prominent in the general aviation marketplace. CAIGA will continue to invest in our employees and in our world-class production facilities in Minnesota and North Dakota.”
Cirrus Aircraft Co-Founder Dale Klapmeier said the completion of the merger was an important milestone in the company’s history: “This is a very positive development that allows us to continue our mission to develop and build the best, most exciting aircraft in the world. Through our merger with CAIGA Cirrus will continue to lead the industry in bringing increased safety, performance, and comfort to the general aviation community.” <a href=”http://www.cirrusaircraft.com”>Click here for more</a>
