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Cirrus says 'no' to Columbia

Posted at 6:59 AM on November 21, 2007 by Bob Collins (0 Comments)

Duluth-based Cirrus Aircraft, probably the biggest success story in general aviation in decades, has been growing in leaps and bounds. But the company has decided not to get into a bidding war against rival Cessna for the assets of bankrupty Columbia Aircraft.

"We have done our due diligence, and we think there are a lot of problems that would have to be solved," Cirrus boss Alan Klapmeier told the AvWeb online aviation newsletter (reg. req.). "They wouldn't be in bankruptcy, if that wasn't true."

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