Composites World / NetComposites

Connecting you to the composites industry

Advertisement

NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Crescent Capital Investment in Cirrus Industries

  • Tuesday, 28th August 2001
  • 0 comments
  • Reading time: less than a minute

Crescent Capital Investments, Inc. has arranged for the acquisition through its affiliates 61% ownership of Cirrus Industries, Inc., the second largest manufacturer of single-engine, piston-powered, general aviation aircraft in the world.

Cirrus Industries based in Duluth, Minnesota, is known for innovative design, construction, and attention to safety. Cirrus developed the first production airplane that contains its own parachute. If an airplane experiences engine trouble, the pilot or any passenger can deploy the parachute, which allows the entire aircraft to float to the ground.

Cirrus aircraft are produced primarily from composite materials, incorporating resin-impregnated fiberglass, instead of older traditional techniques of cutting and riveting aluminum sheets to a metal frame. Composite construction contributes to superior aerodynamics, which results in better performance. The planes are easier to fly due to advanced avionics and advanced autopilot technology incorporated into each aircraft. Ergonomically, the plane’s interior is similar to a luxury automobile.

Cirrus aircraft were named one of “”America’s 50 Best Products”” and Best Private Airplane by Forbes Magazine. The aircraft have received numerous design awards .


For more information visit:


Share this article


Categories


More News


Comments (0)

Leave your comment