Cirrus Aircraft, the US-based aviation company, has launched the world’s smallest and cheapest private jet ‘Vision Jet’ at Rs.12.6 Crore. The Jet can haul five adults up to 1,150 miles at 28,000 feet. It is the first Private Jet with a single engine and can be conveniently operated by a single pilot, thus keeping production and maintenance costs low for the users. The jet can fly at a speed of 345mph and has an operating altitude of 28,000 feet.