CURRENT AFFAIRS

Detailed explanation-1: -The company produces all of its aircraft with composite materials and is known for pioneering new technologies in the light general aviation aircraft manufacturing industry, including glass cockpits and full-airframe ballistic parachutes.

Detailed explanation-2: -Very Light Jet: Cirrus Vision Jet The cheapest private aircraft on the market is the small but mighty Cirrus Vision Jet at Rs. 15.2 crore (approximately $2 million).

Detailed explanation-3: -Cirrus has agreed to be acquired by a Chinese company, China Aviation Industry General Aircraft Co., Ltd. Duluth-based Cirrus Aircraft has reached a deal to sell the company to China Aviation Industry General Aircraft Company, based in China’s Guangdong Province.

Detailed explanation-4: -US-based aviation company Cirrus Aircraft has launched the world’s smallest and most affordable private jet called ‘Vision Jet’ for ₹12.62 crore. The jet which had been in making for a decade has only one engine and can cruise at 555 kmph.