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Adam Aircraft Completes Financing Round |
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VLJ Manufacturer News
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Tuesday, 19 June 2007 |
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Funding Targeted for A700 VLJ Certification and Acceleration of A500 Customer Deliveries Englewood, Colorado, June 19, 2007—— Adam Aircraft, a leading designer and manufacturer of advanced carbon composite aircraft for the twin piston and very light jet (VLJ) markets, announced today that the firm recently finalized a $105 million round of financing including a senior secured credit facility with Morgan Stanley Senior Funding acting as lead arranger. The company plans to use the new capital to accelerate the production rate of the FAA-certified A500 piston twin and complete the certification of the A700 VLJ and bring that aircraft to full rate production. |
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Cessna Marks Recent Milestones for Citation Mustang |
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VLJ Manufacturer News
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Monday, 18 June 2007 |
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Paris, June 18, 2007 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, marks its return to the Paris Air Show with a number of milestones for its Citation Mustang, including European Aviation Safety Agency (EASA) certification, steep approach certification and new customer deliveries. |
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Embraer Rolls Out The First Phenom 100 |
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VLJ Manufacturer News
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Monday, 18 June 2007 |
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Ground test campaign prepares new executive jet for first flight São José dos Campos, June 18, 2007 – The first Phenom 100 was rolled out last Saturday, June 16, at the Company’s headquarters, in São José dos Campos, Brazil. |
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Embraer Sells Two Phenom Jets To Arab Wings |
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VLJ Manufacturer News
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Friday, 15 June 2007 |
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Phenom 100 will also be used for pilot training São José dos Campos, June 15, 2007 – Embraer and Arab Wings Ltd. of Amman, Jordan, have signed a purchase agreement for one Phenom 100 and one Phenom 300. The two aircraft will be based in Amman Marka International Airport, where the headquarters of Arab Wings are located. This order was already included in Embraer’s backlog. |
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Eclipse Aviation Opens Gainesville Eclipse Service Center |
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VLJ Manufacturer News
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Friday, 15 June 2007 |
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First service facility outside Eclipse headquarters to drive Eclipse 500 maintenance in the Southeast GAINESVILLE, FL — June 15, 2007 — Eclipse Aviation, manufacturer of the world’s first very light jet (VLJ), today held a ribbon cutting ceremony signifying the official opening of its Southeast Eclipse Service Center (ESC) at the Gainesville-Alachua County Regional Airport. |
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Cirrus To Exhibit At Paris Air Show |
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VLJ Manufacturer News
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Friday, 15 June 2007 |
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First Time At The Event Says European Market Is Tremendous Growth Opportunity Duluth, Minn. (6/15/2007) - Cirrus Design Corporation announced today it will be exhibiting its new Generation Three airplanes in the D1 area at the International Paris Air Show June 18-24. This marks the first time that CIRRUS has shown its planes at the world's leading air and space show. |
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Chinese Enterprise Orders 50 Adam Aircraft A700s |
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VLJ Manufacturer News
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Thursday, 07 June 2007 |
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Englewood, Colorado, June 6, 2007 — Adam Aircraft announced that Hainan Zhong Hang Tai General Aviation Airlines, the Hainan, China based operating entity of Ameritech Aerospace has placed a firm order for 50 Adam Aircraft A700 VLJs on May 21, 2007. The order was formalized during the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland. |
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Epic Elite Jet Makes Picture-Perfect First Flight |
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VLJ Manufacturer News
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Thursday, 07 June 2007 |
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Bend, Oregon (June 7, 2007)—Epic Aircraft announced a flawless first flight of its new Elite, a single-pilot, twin-engine VLJ. This initial flight lasted more than 40 minutes and gave company test pilots Dave Morss and Len Fox the chance to explore the aircraft’s control surfaces and low level performance capabilities. |
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