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Photo series showing a Cirrus SR20 deploying the Cirrus Airframe Parachute System (CAPS) during inflight testing in 1998. The Cirrus Airframe Parachute System (CAPS) is a whole-plane ballistic parachute recovery system designed specifically for Cirrus Aircraft's line of general aviation light aircraft including the SR20, SR22 and SF50.
The companies named the design the Cirrus Airframe Parachute System (CAPS), and, as of April 2023, made it standard equipment on all 9,000+ Cirrus SR aircraft. In 2002, BRS received a supplemental type certificate to install their parachute system in the Cessna 172, followed by the Cessna 182 in 2004 and the Symphony SA-160 in 2006. [1]
Production on the new aircraft started in 2001. In August of that year, Cirrus sold 58% of the company for $100 million to Crescent Capital, the US arm of the First Islamic Investment Bank of Bahrain (now called Arcapita), making the Klapmeier brothers both millionaires and minority stakeholders in their own company. [13] [23] [27]
Personal aviation is an exclusive world: new Cirrus aircraft cost between $580,000 for a base prop plane model up to more than $3 million for the most advanced jets.
If so, you're probably not alone -- most people dream of having a million dollars in their bank accounts one day. SEE ALSO: 'The Runner' is tracking groups of people as they race to cross the U.S.
On 1 April 2010, Cirrus applied for a "voluntary dismissal" of the case against L3, before L3 had filed a response. L3 had been engaged in a lawsuit against Cirrus for non-payment of US$18.7M in development costs for flat panel electronics, with Cirrus countering that L3 did not abide by the contract terms. [66] [67]
The SR20 and SR22 are equipped with the Cirrus Airframe Parachute System (CAPS), a large parachute that can be deployed in an emergency to lower the entire aircraft to the ground safely. [8] On 1 June 2004, the SR20 became the first aircraft to achieve the new European Aviation Safety Agency certificate for aircraft imported into the European ...
Cirrus SR20 test deployment of the Cirrus Airframe Parachute System (CAPS) over the southern California desert in 1998, Scott Anderson piloting In early 1996, Anderson's career path led him to Cirrus Design [ 9 ] (now called Cirrus Aircraft), a newly Duluth-landed general aviation startup founded by two brothers, Alan and Dale Klapmeier ...