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Cirrus Acquired By Chinese Company  
User currently offlineAC788 From Canada, joined Jan 2009, 69 posts, RR: 0
Posted (4 years 3 days 13 hours ago) and read 2370 times:

Cirrus has just been acquired by Chinese company China Aviation Industry General Aircraft Co. Apparently the production will remain in the United States however...
Link to AVweb article:

5 replies: All unread, jump to last
User currently offlineMD-90 From United States of America, joined Jan 2000, 8508 posts, RR: 12
Reply 1, posted (4 years 3 days 12 hours ago) and read 2141 times:

Teledyne Continental lost the Teledyne and was sold to Technify Motors, a subsidiary of AVIC. So now they own the aircraft company and the complementary engine company (strikingly similar to Textron owning Cessna and Lycoming).

It's not surprising considering how bad the imbalance of trade is between China and the US. They have a lot of dollars filtering through their economy that can be profitably invested in US companies. I wonder how long it'll be before we see scare articles in the media about China, Inc. buying up the US (as Japan, Inc. was predicted to do in the late '80s).

As long as they keep building good aircraft and good engines, who cares who owns them?

User currently offlineRevelation From United States of America, joined Feb 2005, 13241 posts, RR: 25
Reply 2, posted (4 years 3 days 11 hours ago) and read 1961 times:

Quoting MD-90 (Reply 1):
As long as they keep building good aircraft and good engines, who cares who owns them?

I'm OK with it, so long as I get a fortune cookie with each aircraft I buy!  

Inspiration, move me brightly!
User currently offlineAeolus From Mexico, joined Aug 2007, 374 posts, RR: 0
Reply 3, posted (4 years 3 days 10 hours ago) and read 1782 times:

Quoting AC788 (Thread starter):
China Aviation Industry General Aircraft Co.

Oh man. That says CAIGA Co. Caiga=fall in Spanish....

Just a comment.


Flying under the clouds above!
User currently offlineaf773atmsp From United States of America, joined Aug 2006, 2735 posts, RR: 1
Reply 4, posted (4 years 3 days 8 hours ago) and read 1605 times:

Please don't tell me they're going to move to China. I know the article says keep jobs in Duluth and Grand Forks but for how long is what I'm thinking.

It ain't no normal MD80 its a Super 80!
User currently offlinemorrisond From Canada, joined Jan 2010, 245 posts, RR: 0
Reply 5, posted (4 years 3 days 8 hours ago) and read 1564 times:

It would be interesting to see how much they could drop the price if they did build it in China.

I wonder what would happen if people were given a choice between a Cirrus built in the States for X dollars or a Chinese built copy at 50% of X, I would guess most would choose the Chinese Copy - as would I - As long as the Chute still came from the States!

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