Diamond Confirms Investment and Resumption of D-JET Program | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 08.31.15

Airborne 08.25.15

Airborne 08.26.15

Airborne 08.27.15

Airborne 08.28.15

Airborne Hi-Def On YouTube

Airborne 08.31.15

Airborne 08.25.15

Airborne 08.26.15

Airborne 08.27.15

Airborne 08.28.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Wed, Jun 15, 2011

Diamond Confirms Investment and Resumption of D-JET Program

Back To The Jet Biz!

Having more than its share of trials and tribulations, ANN was pleased to confirm that the Diamond D-Jet is getting back on track... Following layoffs and other reluctant steps taken to maximize cash flow while searching for enough funding to complete the program, it now appears that the D-Jet program can throttle up once again.

Diamond Aircraft has confirmed to ANN that it has obtained commitment for a significant investment exclusively dedicated to the D-JET development program. This investment will enable Diamond to recall furloughed engineering and technical staff, resume Flight Test operations and proceed towards building the next test aircraft, subject to finalization of closing arrangements.

Having recently completed several necessary piston development programs, Diamond's Austrian operations will now also provide engineering and technical resources to support the completion of the D-JET program, in the shortest possible time.

The company notes that it, "We especially wish to thank our customers and business partners for their continued loyalty. This investment marks a turning point and we are most enthusiastic about our opportunity to refocus on completion of the D-JET."

FMI: www.diamondaircraft.com, www.diamond-air.at

Advertisement

More News

Aero-News: Quote Of The Day (08.31.15)

"Would we be willing to fly them in our plane to Paris? ... Yeah, we'd be happy to do that." Source: Columbia Sportswear CEO Tim Boyle's reply to his company pilot, Doug Perrill, w>[...]

RFP: ANN Considering Future Options For HQ Relocation

A Very Bright Future For ANN, Aero-TV, and Airborne May Require Some New Digs ANN may be looking for a new home... hopefully, a permanent one. We're currently inviting proposals fo>[...]

Airborne 08.28.15: 'Big' Bezos Announcement?, MA Aero-Taxes, Harrison Ford

Also: Barnstorming: The FAA v Hoover Fight Ain’t Over, Hail-Damaged Dreamliner, UAV Shooter Charged, NASA Global Hawk, MiG-21 Lancers, ICAO Manual Blue Origin founder and Ama>[...]

Klyde Morris (08.31.15)

We're Not Sure that Klyde Needs A Refresher THAT Bad... FMI: www.klydemorris.com>[...]

Aero-TV: "That's All Brother" -- Restoring a True Piece of Military History

History Comes Alive Thanks to A Magnificent CAF Effort The story of the Douglas C-47 named, “That’s all Brother,” is fascinating from two points of view. First, i>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC