Diamond Aircraft reports that its first quarter results were the
best ever, with 57 units delivered through March 31st, 2004. But
the real story is in the future, as indicated by the record number
of orders received in April 2004. During the single week of Sun 'n'
Fun 2004 alone, Diamond received 167 secured deposits from
customers and its Diamond Regional Distribution Centers (DRDC's).
Significantly, 41 of these orders were actual retail sales, with
the balance being DRDC orders.
There is now hope that the University of North Carolina at
Chapel Hill may not close its Horace Williams Airport (IGX) as
originally scheduled on January 1 of next year. Two years ago, AOPA
President Phil Boyer asked state legislators to intercede when UNC
Chancellor James Moeser proposed closing the airport, which has no
federal grant obligations, to develop a new campus.
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