The New ’Dynasty’ Is Not a TV Soap Opera
Epic Aircraft parent Aircraft Investor Resources (AIR) last week changed the name of the certifiable version of its Epic LT turboprop single to the Dynasty. AIR also said it is now taking deposits on the $1.9 million, all-composite airplane. The Dynasty is slated to start flight tests this fall in Calgary, Alberta, as part of a previously announced Canadian aircraft certification program. Transport Canada and FAA approval is expected in 2008, a slight delay from earlier estimates. Meanwhile, AIR’s partnership with Tbilisi Aircraft Manufacturing on a twinjet version of the Epic LT/Dynasty is progressing. First flight of the Tam-Air Epic Elite Jet has been pending since late July, though it has been snarled due to a recent mediator ruling in the lawsuit involving AIR and Farnborough Aircraft. The two companies had entered into a cooperative design agreement for their respective Epic LT and F1 turboprop single designs, though the two sides parted ways late last year. In the ruling, the mediator has barred AIR from using the co-developed wing on the Elite Jet, forcing the company to redesign or heavily modify the wing before the jet’s maiden flight.