year to date), celebrating the 3,000th SR-series airplane off the production line only seven years after deliveries commenced, something that no other aviation company had accomplished for decades. That summer, Cirrus acquired a 25-percent stake in SATSair, a 2004 start-up air taxi operator that flew 26 SR22s. SATSair ceased operations on 24 October 2009. On 28 June 2007 the Cirrus Vision SF50 single-engine light jet was unveiled (then known simply as "The-Jet"). At the 2007 EAA AirVenture Oshkosh airshow, the company unveiled the Cirrus SRS light sport aircraft. A version of the B&F Fk14 Polaris, the type never entered production for Cirrus. In December 2007 Arcapita stated that it was looking to sell its share of the company. Cirrus indicated at the time of the announcement that this was expected as Arcapita was considered a medium-term investor. The Jet took its first flight on 3 July 2008. In September 2008, the global sale slump in piston-engined aircraft impacted the company and it laid off 100 workers, or 8% of its workforce. This included 79 people at the main plant in Duluth, Minnesota and 29 employees at the composite construction plant in Grand Forks, North Dakota. After this round of lay-offs Cirrus had 1,230 employees remaining. Company COO Brent Wouters stated that the lay-offs were due to "not selling as many airplanes as we'd hoped to this year." Company CEO Alan Klapmeier announced in October 2008 that due to the economic situation and resulting lack of demand for Cirrus aircraft, the company was moving to a three-day work week. He reported that sales were down 10% over the same period in the previous year. Compared to the industry average in that same period sales were down 16%. Klapmeier also indicated that introduction of the SRS would be delayed until 2009, due to lack of demand in the light-sport aircraft market sector, but that the Cirrus Vision SF50 jet would not be delayed. Cirrus eliminated 208 employee positions in the fall of 2008 and cut aircraft production from 14 to 12 aircraft per week in response to the economic situation. In November 2008, the company announced that it would lay-off about 500 production employees for one month to allow for reductions in excess stock of aircraft produced. Cirrus started recalling its workers on 5 January 2009 after the month-long shutdown. The furloughed workers were called back slowly over the month, to ramp