Here's the cheapest private jet in the world and it's stunning

Meet Cirrus Vision, the cheapest private jet in the world that can conveniently seat and fly five adults at a cost of just $1.96 million, say from New York to Dallas in the United States.
Cirrus Vision private jet

$1.96 million is quite a whole lot of money but when you compare that price to what is obtainable in a standard private jet, it turns out to be the most affordable.

Cirrus Vision private jet

Tech Insider says the price of the Cirrus Vision is about half the price of its closest rival. Whereas its main competitors are the HondaJet and Embraer Phenom 100.

Target market for the Vision Jet are private owners and regional commercial air services.

Cirrus Vision private jet

Specification-wise, it's the first private jet to be offered with a single engine — a Williams International FJ33-5A turbofan producing 1,800 pounds of thrust which gives it the edge to cruise at 345 mph with a maximum operating altitude of 28,000 feet, and the aircraft can take off in just 2,036 feet.

According to Cirrus, the Vision Jet has a range 1,150 miles at 345 mph or 1,380 miles at 276 mph. That means the aircraft can make nonstop trips between New York and Dallas or Los Angeles and Kansas City.

The jet assembly takes place in Duluth, Minnesota, using a single-piece carbon-fiber fuselage.

Cirrus Vision private jet

You'd be surprised how much space is inside the Cirrus Vision, enough leg room and soft touch of fine aesthetic luxury. There are also tech accessories such as USB charging ports standard for every seat and an on-board entertainment system as well as mood lighting.

Cirrus Vision private jet

The cockpit looks fantastic with several touchscreen displays and can also be manned by a single pilot. The jet is also equipped with an emergency parachute system to minimize fatalities and save lives during a system or engine failure, triggering an imminent crash.

Going by media reports, the company has received 600 orders already at a total worth valued at $1 billion and would produce about 40 units of the aircraft in the first year, with future production of more units likely to take place.

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