Textron has confirmed production termination of the Cessna TTx. The stoppage occurred after a decade long run up attempt. Only 23 planes were shipped in 2017. Slow sales stalled out cash flow.
The beginning of the end struck in 2006, when a hail storm damaged 60 airplanes on the factory ramp in Bend Oregon. The weather related impairment sealed Columbia Aircraft’s departure – they filed for bankruptcy. Why were so many planes awaiting customer delivery?
Cirrus produced about 1,661 SR22-G2 airplanes between 2004 and spring 2007 (serial numbers 22-0821 to 22-2437). The acronym GTS was introduced by Cirrus to designate a “fully option loaded” airplane, and sold for about $100,000 more than the base model. But that was then and this is now. Continue reading “Cirrus SR22-G2 non-GTS, That was then, This is now”→