IAI conducts survey on ProJet prospects
Israel Aircraft Industries has contracted Forecast International of Newtown, Conn., to help define the future market for its proposed six- to eight-place, twin-turbine Avocet/IAI ProJet. The 20-question survey asked NBAA members to comment on the viability of the very light jet market and to rate the performance and price goals of the ProJet. First flight of the ProJet is planned for the middle of 2006, followed by certification in the fourth quarter of 2007, each milestone having just slipped a year from the original schedule. Projected price is $2.1 million.