Cirrus will release a new personal jet in 2001, according to this story from the UK Independent:

You can fit the whole family in the back...The creatives at Cirrus used up all their imagination on the design and called it simply "the Jet". It needs a run of just 850 metres (about eight football fields) to get in the air, cruises at 350mph and can carry 2,000kg for more than 1,000 nautical miles without refuelling. Even if the thing sputters to a halt at 25,000ft (its optimum altitude), it is small and light enough to have its own emergency parachute tucked away in the carbon-fibre nosecone to soften the landing.

It requires only one person to fly it, and all the important in-flight dials and flashing lights are fed to the computerized monitor on the dashboard.

Cirrus says 150 people have already slapped down the necessary £50,000 deposit and are expecting delivery in around 2011. The price tag is a £500,000 – that's about five Lamborghinis, but less than the eight figures that some private jets would set you back.

In my opinion, private jets can't come soon enough. Regular air travel today is an abomination.