July 31, 2009 - Oshkosh, Wisconsin - Word
came today that a Cirrus Aircraft co-founder's effort to acquire the SJ50
Vision Jet from the company he still chairs has ended.
According to Cirrus Vice Chairman Dale
Klapmeier, his brother, Alan Klapmeier, decided today to end an effort to
find external funding sources and purchase the program from Cirrus. A
spokeswoman for Alan Klampmeier confirmed that the negotiations had ended.
"It was always a real hard climb that
Alan was trying make," Dale said. "It was not going to be easy.
"I thought things were going pretty
well-how things were going to stack up," he added.
According to Dale, the development does not
have any impact on the program.
"The program is where it always
was," Dale said. "We had no intention of going out to sell this
program…though there certainly are some advantages with it being
separate, and we certainly could work with Alan on that."
Dale indicated Cirrus has 125 staff members
currently working on the SJ50 program.