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EAA AirVenture Oshkosh RSS FeedReports: Cirrus Jet deal dead
By Randy Dufault, EAA AirVenture Today

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. 

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