Wed, Oct 21, 2009
Company Moves Forward With Next-Gen Personal Jet
Stratos Aircraft introduced Alexander Craig as their new
Chief Executive Officer during a news conference at the 2009 NBAA
Annual Meeting & Convention Monday.
“Alex” Craig joins the Stratos Aircraft team just as
the innovative aircraft manufacturer starts to accept refundable
deposits for their Very Light Personal Jet (VLPJ). “Alex
brings strong leadership, exceptional vision, and a successful
aerospace track record to Stratos Aircraft. I am confident he will
play an integral part in the successful launch of our 714 personal
jet,” stated Michael Lemaire Chairman for Stratos
Aircraft.
Craig’s extraordinary career in Aerospace and Information
Technology all began with his own start-up computer software
company that was later acquired by a Fortune 100 company. He then
joined McKinsey & Company where he consulted with several large
aerospace and manufacturing companies. Additional highlights of
Craig’s aerospace career include senior executive positions
at major aerospace companies including Vice President, Business,
Strategy and IT Development at Williams International; Vice
President, Business Development and Vice President, Technology at
Honeywell International (formerly Allied Signal). Alex has also
held executive and engineering positions of increasing
responsibility at Rockwell International and Boeing.
Most recently, Craig was a Managing Director at a consulting
firm in Michigan where he worked with major Aerospace and
Healthcare companies to implement significant financial and
operational improvements.
“Stratos has filled the gap between legacy personal
aircraft and traditional business jets. The Stratos 714 sets the
newbenchmark for speed, range, and luxury in the personal jet
segment. I am thrilled to be a part of this innovative and highly
talented team.” commented Alex Craig, new CEO for Stratos
Aircraft. “This truly is the next-generation aircraft for the
aviator that is looking for more performance and efficiency than
anything that is out there today,” added Craig.
The Stratos 714 jet is designed to meet the needs of a growing
number of performance-driven aviators who demand more speed range,
and luxury in an owner-flown turbojet. The 714 was first introduced
last year and is the first VLPJ designed to bridge the performance
gap between VLJ aircraft and full size business jets. The aircraft
is a clean-sheet carbon composite design, optimized to achieve
cruise speeds of more than 400 knots, with a 1500 nautical mile
range (NBAA IFR reserves), with 4 people seated comfortably and
ample baggage storage. A leading aerodynamics company has validated
the primary performance targets of the Stratos 714 confirming their
mission of 400 knots, 1500 miles, 4 passengers, and setting them
apart from other aircraft in this market segment.
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