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Vision Jet delivery slot auction nets $687,000 for charityVision Jet delivery slot auction nets $687,000 for charity

The decision by Sporty’s Founder Hal Shevers to auction off his early delivery spot for a new Cirrus Vision jet has generated more than $687,000 to be divided among charities selected by Sporty’s and the airplane’s manufacturer.

The composite SR piston fuselages are built in two pieces. However, the SF50 carbon fiber fuselage is built as one piece. The production line spools up.

By placing the winning bid in an online auction that ran throughout EAA AirVenture in Oshkosh, Wisconsin, an “anonymous, prequalified bidder” moves up in the line of approximately 600 expectant buyers of the new jet that occupies a niche between high-performance piston aircraft and the very light jet, and is designed to be piloted by the owner. The Vision Jet was certified in October 2016.

The winning bid of $2,615,000 produced the charity windfall after Sporty’s pledged that “any money bid over the aircraft list price including options ($1,927,653), would be donated to charity,” Sporty’s said in a news release.

Sporty’s and Cirrus were partners for the auction, agreeing to split proceeds above the list price between charities chosen by both companies. Shevers and Cirrus Aircraft co-founder Dale Klapmeier announced the auction on July 23 at the beginning of EAA AirVenture.

Sporty’s share will be donated to The Sporty’s Foundation, which funds programs and scholarships to ensure the next generation of pilots and technicians.

Duluth, Minnesota-based Cirrus will split its share of the funds between educational nonprofit AirSpace Minnesota and the Duluth Children’s Museum.

“We have the best possible outcome for this auction,” said Shevers. “We hosted a successful auction, and the money will stay within the aviation community and be used to inspire young people in aviation and STEM subjects.”

Delivery of the aircraft to the winning bidder is expected within the next 90 days, Sporty’s said.

Topics: EAA AirVenture, Financial

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