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Cirrus Aircraft NTAS ERAU. History  Cirrus founded in 1984  Developed VK-30 kit plane in 1988  Began development of ST50 in 1992  Production.

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Presentation on theme: "Cirrus Aircraft NTAS ERAU. History  Cirrus founded in 1984  Developed VK-30 kit plane in 1988  Began development of ST50 in 1992  Production."— Presentation transcript:

1 Cirrus Aircraft NTAS 2010 @ ERAU

2 History  Cirrus founded in 1984  Developed VK-30 kit plane in 1988  Began development of ST50 in 1992  Production SR20 deliveries begin July 1999  Cirrus expands product line with SR22 certification in November 2000  Crescent/FIIB financing complete August 2001  July 2002 production reaches 2/day  July 2004 production rate increased to 12/week  February 2006 production rate increased to 14/week  Cirrus Vision “the-jet” introduced June 2007  Cirrus Perspective avionics suite introduced May 2008  Cirrus Flight Into Known Ice (FIKI) introduced April 2009

3 Cirrus Development History 1988 1990 1992 1994 1996 1998 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 VK30 Development ST50 Development VK30 Production TUAV Program SR20 Development SR22 Production SR22 Dev. SR22 Cert. SR20 Production SR20 G.W.I SR22-G2 Prod. PFD Intro. SR22-G2 Dev. SR22-G2 Cert. Kit AircraftMultiple Certified Aircraft GTS Intro. Mode S XM In-flight Entertainment XM Weather Airbag Seatbelts SR22-Turbo SR22-G3 SR20 FAA Certification Vision SF50 Cirrus Perspective TAWS FIKI

4 Duluth Customer Center  Built in 2002  Total sq/ft 70,671  Office – 20,754 sq ft  Production – 49,917 sq ft Cirrus Facilities Duluth Production Facility Minnesota: Duluth Customer Center Grand Forks Facility 169,500 sq/ft 195, 201 sq/ft 70,671 sq/ft Total all locations: 435,372 sq ft Grand Forks Facility  Built in 1997  Expansion in 2006  Total sq/ft 169,486  Office – 10,050 sq ft  Production – 159, 436 sq ft Duluth Production Facility  Built in 1993  Expansions in 1997 & 2006  Total sq/ft 195,201  Office – 35,886 sq ft  Production – 15,315 sq ft North Dakota:

5 Employment Trend Revised 09/09 1352 49 84 185 228 577 671 775 838 929 1119 1994199619981999200020012002200320042005 2006 2007 1194 2008 853 1013 Extended Furlough 496 566 2009

6 Our Cirrus Team 566 Total Employees 377 Duluth 73 Grand Forks 46 Regional/International 70 Furlough Many International Representatives Cirrus Gender Population 85% Male 15% Female Industry Standard 92% Male 8% Female Cirrus Average Age 38.3 years

7 If we can deliver the highest quality aircraft available in class, at reasonable cost, incorporating the best available safety technology, we will change the entire GA industry. Design Criteria  Safe  Comfortable  Easy to operate  Fast and appealing Company Philosophy

8 Style Style Prestige Prestige Identity Identity Unparalleled Unparalleled Performance Performance Higher, Farther, And Faster Higher, Farther, And Faster The High Performance The High Performance Class Leader With Its Class Leader With Its Easy Handling And Easy Handling And Advanced Technology Advanced Technology Versatile, Rugged, And Technologically Advanced Yet Simple To Fly And Affordable To Maintain SR20 S SR20 S SR20 GS SR20 GS SR20 GTS SR20 GTS Gross Weight 3050 lbs. Cruise Speed 155 KTAS Horsepower 200 HP Powerplant TCM IO-360-ES Cirrus Product Line – Strong Market Performers SR20 SR22 S SR22 S SR22 GS SR22 GS SR22 GTS SR22 GTS Gross Weight 3400 lbs. Cruise Speed 185 KTAS Horsepower 310 HP Powerplant TCM IO-550-N SR22 Turbo GS Turbo GS Turbo GTS Turbo GTS Gross Weight 3400 lbs. Cruise Speed 219 KTAS Horsepower 310 HP Powerplant TCM IO-550-N Tornado Alley Turbo System SR22 Turbo Available on GS and GTS Models Premium Interior and Exterior Package X Edition S, GS, GTS – all available with Cirrus Perspective  S: 10”/1 x AHRS/S-TEC 55SR  GS: 12”/1 x AHRS/S-TEC 55X + Ice Protection + aircraft upgrades  GTS: 12”/2 x AHRS/Garmin AP + Known Ice Protection + aircraft upgrades

9 Cirrus Perspective  12” MFD/PFD Screens (35% more than 10”)  Synthetic Vision Technology  GCU 478 Keyboard/Controller  Target fuel flow  GFC700/GMC705 Digital Autopilot  Go Around Button  Engine/Oxygen/Anti-Ice Integration  Dual AHRS  Obstacles Depiction and Pathways  Destination Block  Traffic Window  Blue “LVL” Button  Yaw Damper  Redundant/Fault Tolerant Electrical system

10 Growing the Cirrus Family – VISION SF50

11 VISION First Flight – July 2008

12 The Only Certified Aircraft with a Parachute Cirrus Airframe Parachute System (CAPS™) Safety System for Use in Life- threatening Situations 21 Deployments 36 Lives Saved

13 Domestic and International Orders

14 Cirrus Market Share 2007 2005 2006 2003 2002 2004 2001 2009 Year End Cirrus 268 AC 32.7% Cessna 306 AC 37.4% CESSNA 37.5% CIRRUS 33.1% CESSNA 31.5% CIRRUS 30.9% CESSNA 33.9% CIRRUS 28.6% CESSNA 31.4% CIRRUS 30.7% CESSNA 31.7% CIRRUS 29.0% CESSNA 35.4% CIRRUS 27.9% CESSNA 41.7% CIRRUS 11.1% Q1 2009 CESSNA 31.1% CIRRUS 32.7% CESSNA 26.4% CIRRUS 27.9% 2008 Q2 2009 CESSNA 33.0% CIRRUS 37.6% Q3 2009 CESSNA 39.1% CIRRUS 33.7% Q4 2009 CESSNA 45.6% CIRRUS 30.5%

15 Market Expansion Activities Fleet Activity Western Michigan University Lund University Purdue University Delta Connection PlaneSmart AirShares Elite Air Taxi Service ImagineAir

16 Focus – Lean/Continuous Improvement Tool and part organization Optimize layout Sort Straighten Shine Standardize Sustain Safety 6.75 Takt Time Line Balancing 6S

17 Air Force Partnership Collaborative relationship between CA and USAF AF “Interns” practice learned skills CA learns to “see”

18 Mixed Build Operation  Models: SR20, SR22, Turbo & FIKI - Different airframe, engine & systems  Up to 30 different configurations and option packages for SR20 and SR22  Over 153 composite parts bonded together per aircraft  Over 3330 assembly parts per aircraft Production Complexity Made to Look “Easy”

19 Integrated Design & Manufacturing Internal tool design and fabrication

20 Duluth Assembly/Finish Streamlined Assembly Process

21 2/day3/day4/day We will continue to drive market demand Cirrus Delivery Growth

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