Wed, Jun 06, 2007
A700 VLJ Order Formalized During EBACE
Adam Aircraft tells ANN Hainan Zhong Hang Tai General Aviation
Airlines -- the Hainan, China based operating entity of Ameritech
Aerospace -- placed a firm order last month for 50 Adam A700 VLJs.
The order was formalized during the European Business Aviation
Convention and Exhibition (EBACE) in Geneva, Switzerland.
"The business plan of the Chinese company has been developed
with the goal of capitalizing on the fast growing general aviation
market in China with fractional-share program and air taxi
operation in mind," said Jason Fan, CEO, Hainan Zhong Hong Tai
General Airlines LTD. "Due to the immediate charter and air taxi
growth opportunities in China, we made the A700 our choice because
it has the largest cabin space of all the VLJs.
"In addition, the aircraft combines prestige luxury and speed
with its innovative twin tails that remind people of a Formula 1
racecar," Fan added.
To address the shortage of professional pilots in China, as well
as difficulties in aircraft management, Fan said his company will
handle application, ground handling and maintenance for individual
aircraft owners.
"The A700 owner will be served by a professional pilot/aircraft
manager who will be available for all flights and training during a
renewable six month period," said Fan. "This new revolutionary
program provides the owner with a stress-free aircraft ownership
experience."
"We are delighted to partner with Ameritech to bring the A700
into the China aviation market," said Jan D'Angelo, Director
International and Fleet Sales. "This order shows that the A700 is
truly a worldwide product that will bring innovation to the
operators who are offering cost efficient air travel."
Hainan Zhong Hong Tai General Airlines LTD plans to sell the
A500 and A700 aircraft for Adam Aircraft and provide lease back
options to owners for air taxi operations using the A700.
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