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leaving investors and buyers high and dry.
According to AIN Alerts, Cirrus is about to announce a single-engine "personal jet". Under 1 mil, 25,000 ceiling, 1,000NM range, 300KTAS cruise. Sounds like their competitor to Diamond's D-Jet. Should be interesting to see if they can keep to those numbers.
http://www.ainalerts.com/ainalerts/alerts/100506.html
Here's the website - watch for more.
www.the-jet.com