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 Citation S550-based Sierra Super S-II completed a 36-minute maiden flight September 26 at Sierra’s Uvalde, Texas modification center. The flight demonstrated the “dramatic” improvements of the dual fadec-controlled Williams FJ44-3A engines, the company said.
Nextant Aerospace (Booth No. 771) its touting its 400NXT–serialized remanufactured Beechjets and Hawker 400XPs with Rockwell Collins Pro Line 21 avionics, new Williams FJ44-3AP engines, several aerodynamic improvements and new interior and paint–as the “best value” in the light jet segment.
Despite a challenging economic climate, business aviation is finding its footing in Russia, as some 8,000 visitors attended JetExpo at Moscow’s Vnukovo-3 last month. This year’s event attracted 100 exhibitors, with 25 airplanes and seven helicopters on the static display.
Nextant Aerospace said it is accelerating deliveries of the 400NXT–serialized remanufactured Beechjets and Hawker 400XPs with Rockwell Collins Pro Line 21 avionics and new Williams FJ44-3AP engines–to the first quarter of 2010. “We are pleased to announce the shortened delivery time for both the serialized production and retrofit 400NXT programs.
Clifford Development expects STC approval this month for its re-engined version of the Citation II. Certification of the S-II should follow within about 30 days.
Archedyne Aerospace of Merritt Island, Fla., is still pursuing Lake Aircraft and Armand Rivard for a $1.4 million judgment, which Rivard has appealed, and development of the Archedyne NauticAir 450 has been on hold for three years during the legal wrangling, but now a group of five “advisors” has added the amphibian business jet to its proposed line of amphibian airplanes that includes designs seating 110, 210, 364 and 530 passengers.
Piper Aircraft’s single-engine PiperJet flew for the first time today, taking off from Piper headquarters at Vero Beach (Fla.) International Airport. It is the company’s first jet in its 71-year history and a large-cabin contender in the growing single-engine jet market. Piloted by Dave Schwartz in the left seat and Buddy Sessoms in the right seat, the PiperJet lifted off from Runway 29 at 11:11 a.m. EDT for a one-hour flight.
Another company has launched a bid in the crowded single-engine jet field. Stratos Aircraft of Bend, Ore., has launched the Stratos 714, which it claims will outperform single-engine jets from Cirrus Design, Diamond Aircraft, Eclipse Aviation, Piper Aircraft and even most twin-engine very light jets.