That plane is dirt cheap. Even assuming that the range drops by half with a full load of people and luggage, it’s a very good deal.

PICTURES – Cirrus unveils single-engine personal jet
Cirrus Design has taken the wraps off its first jet, and the manufacturer of the popular SR22 piston-single light aircraft is bracing for a major sales boost.

Seating up to seven people, “the-jet” has its single Williams FJ33-4 turbofan mounted above the fuselage and exhausting between the V-tail, in a similar arrangement to the Global Hawk unmanned aircraft.

“We’re not going to be a smaller business jet. We’re trying to be a bigger SR22,” said CEO and co-founder Alan Klapmeier at the 28 June event.

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As for price, Klapmeier says: “Our goal is to have it be about $1 million”. The final price is uncertain, he cautions, since the certification date is unknown along with many other factors.

The fuel capacity will be “well over 1,000lb”, depending on the number of passengers, and range will be more than 1,000nm with only one pilot aboard and less than that when carrying seven people.”

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