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Sat, Apr 05, 2014

Discovery Aviation Acquires Liberty XL-2 Production Rights

Production Of The XL-2 To Expected To Impact The Training Market

Discovery Aviation Inc. is pleased to announce that it has acquired the rights to manufacture the Liberty XL-2, and that the resulting transaction, which will see the former senior management team of Liberty Aerospace Inc. join Discovery Aviation, will allow the IFR certified aircraft to resume production.

The Liberty XL-2, already acknowledged as the IFR certified low operating cost solution for training, is certified in more than 50 countries worldwide. Updates and improvement to the new production standard will support the significant demand for professional pilots for the world's airlines, militaries, and business operators.
 
Discover Aviation plans to introduce the new Discovery 201, a multi role, twin engine utility aircraft, that will be manufactured alongside the XL-2, as soon as the FAA certification is complete. The two aircraft are complimentary, and the company will be able to offer the aviation industry two unique airplanes that are capability leaders in their markets.
 
"We've been seeking a strategic investor with the financial commitment to build a sustainable business. The fact that we have found one with a complimentary aircraft and synergies on many levels is clearly a bonus" commented Paul Bartlett,  the former President and CEO of Liberty Aerospace Inc.

(Image provided by Discovery Aviation)

FMI: www.discovery-aviation.com
 

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