SyberJet Aircraft (Booth No.13023) is preparing to restart production of the SJ30 light twinjet. The company acquired the rights to the SJ30 in 2011. Hints of activity began a year ago when SyberJet announced that production would be moved from San Antonio, Texas, to Cedar City, Utah, and that Honeywell had been tapped to provide an upgraded avionics system, the Apex-based SyberVision. (The SJ30 currently features the Honeywell Epic system.)
SyberJet Aircraft plans to resume production of the SJ30 light twinjet in 2014 with a new glass panel cockpit called SyberVision, with core avionics supplied by Honeywell. SyberJet hopes to have the new avionics certified in the third quarter of 2014, with first delivery of the jet in the fourth quarter of 2014. The company announced that it is not taking orders for new aircraft deliveries at this time, but should begin doing so shortly.
The new owners of the SJ30 light jet program are renaming their company “SyberJet Aircraft,” shuttering the former owner’s Martinsburg, W.Va. assembly line and moving most of the aircraft’s production tooling to Cedar City, Utah.
The new owners of the SJ30 light jet program are renaming their company “SyberJet Aircraft,” shuttering the former owner’s Martinsburg, W.Va., assembly line and moving most of the aircraft’s production tooling to Cedar City, Utah.
Dubai-based Emivest (Emirates Investment and Development Co.) became the majority (80 percent) shareholder of former Sino Swearingen Aircraft in June when it agreed to pump a minimum of $150 million into the San Antonio, Texas-based aircraft manufacturer to restart and accelerate production of the $7.5 million SJ30 light jet. Last month at the NBAA Convention in Orlando, Florida, it renamed the company Emivest Aerospace.
The saga of Ed Swearingen’s 9,250-pound, twin-engine Fanjet, announced in 1986, continues. Emirates Investment and Development Company PSC (Emivest) of Dubai, UAE, the majority owner of Sino Swearingen Aircraft (SSAC), would-be manufacturer of the SJ30 light jet, took the bold step of changing the name of the enterprise to Emivest Aerospace.
The Sino Swearingen Aircraft Corporation, manufacturer of the SJ30 light jet, announced a name change yesterday. Here at NBAA, Emirates Investment and Development Company (Emivest) of Dubai, United Arab Emirates, now the majority shareholder of Sino Swearingen, announced that Sino Swearingen will now be known as Emivest Aerospace Corp.
The Sino Swearingen SJ30-2 light business jet is appearing in public for the first time since Dubai investors agreed to pump at least $150 million into the company.
Dubai-based Emirates Investment & Development (Emivest) on June 4 obtained U.S. approval to acquire an 80-percent stake from the Taiwanese government in San Antonio-based Sino Swearingen Aircraft. An Emivest spokesman told AIN the remaining 20-percent share will be held by the Taiwanese government, as well as SJ30 designer Ed Swearingen and original investor Douglas Jaffe.
The Sino Swearingen SJ30-2 seven-place entry-level jet is making its debut here at NBAA ’02. Having arrived last Friday from the company’s San Antonio, Texas facility, the SJ30-2 will be on static display (No. 16) at Orlando Executive Airport through Thursday. Though Sino Swearingen has brought a prototype SJ30 to previous NBAA conventions, the SJ30-2 currently displayed is the first flying example of the production aircraft.
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