The management at Cirrus Aircraft is awaiting word from the U.S. government regarding clearance to proceed with the Minnesota planemaker’s acquisition by China Aviation Industry General Aircraft Co., Ltd., (AVIC), according to an AviationWeek story that notes that the proposed acquisition has met with opposition that Cirrus executives maintain is misplaced and potentially damaging. Read the full report here.
===> Posted on April 18, 2011 by Janice Wood. No comments. © GAN 2011
