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 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.28.15

Airborne 05.22.15

Airborne Hi-Def On YouTube

Airborne 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.28.15

Airborne 05.22.15

 

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

Airborne 05.27.15: Did Boeing Over-Promise?, Anti-KSMO Chicanery, Jimmy Stewart

Also: FAA Hiring Astray?, Comparison Shopping LSAs, Philippines Flying Limitations, Asteroid Redirect, Wings Of Mercy, Student Launch Challenge, Alaska Air In 2013, the State of Wa>[...]

AeroSports Update: LadiesLoveTaildraggers Fly-in Canceled

Bad Weather Hammers Sulfur Springs Texas Airport And The Ladies Who Love Taildraggers Shut Down Their May 29-31 Fly-in Just in case you haven’t been watching the news, the Mi>[...]

ANN's Daily Aero-Linx (05.28.15)

Lessons Learned From Transport Airplane Accidents This Lessons Learned From Transport Airplane Accidents library represents some of the most major accidents and their related lesso>[...]

ANN's Daily Aero-Term (05.28.15): Nautical Mile

A unit of distance used in aviation and marine navigation and marine forecasts.>[...]

Aero-News: Quote Of The Day (05.28.15)

“As a pilot, your first job is to fly your own airplane. Part of that job is to scan for other airplanes.” Source: NTSB Chair Christopher Hart.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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