Cirrus Aircraft CEO Dale Klapmeier says the investment philosophy of the Chinese fits perfectly with the aviation business. "They're in it for the long term," Klapmeier said during a podcast interview at AirVenture Oshkosh on Monday. It's been a year since China's CAIGA bought a controlling interest in the Duluth planemaker and Klapmeier, who co-founded the business with his brother and former CEO Alan, said it's that long-term commitment that has re-energized the company. "It's changed our outlook on the industry [and] our capabilities," he said. Along the way, he said, CAIGA representatives have caught the enthusiasm that is typical of those involved in the aviation industry and are realizing how important GA is to the economy of the U.S. and the future economy of China. They are especially enthused about the resumption of work on the Vision Jet.
This is a companion discussion topic for the original entry at https://www.avweb.com/air-shows-events/one-year-later-cirrus-upbeat-under-chinese-ownership