Precio Cirrus Aircraft Ltd (02507.HK)

Cirrus Aircraft Ltd. is a holding company, which engages in the business of designing, producing, and selling single-engine piston and jet. The company is headquartered in Duluth, Minnesota and currently employs 2,672 full-time employees. The company went IPO on 2024-07-12. The company offers two aircraft product lines: the SR2X Series, its single-engine piston aircraft, primarily for retail customers, which comprises three models: the SR20, the SR22 and the SR22T, with specialized configurations for fleet and other specific applications; and the Vision Jet, its single-engine jet aircraft primarily for retail customers and to a lesser extent charter operational use. The company integrates advanced technologies, such as CAPS (whole airframe plane parachute), Cirrus IQ (connected digital platform and mobile application which collects a range of flight data and aircraft data during flight to provide pilots useful data on their aircraft) and Safe Return (emergency auto-landing system) on the Vision Jet. The company also personalizes and customizes its aircraft for specific purposes, such as for institutional flight training or charter fleets, and others.