Emivest Restarts SJ30 Production

AINalerts » May 11, 2009
May 11, 2009, 6:05 AM

Emivest Aerospace appears to be finally getting the SJ30 light jet program back on track since deliveries stalled more than a year-and-a-half ago. SJ30 S/N 008, the first aircraft built under the Emivest name since the Dubai-based firm became the majority shareholder of the San Antonio-based aircraft manufacturer last June, is slated to make its first flight this week before being completed and delivered this summer. Meanwhile, S/N 010 is about a month behind, meaning it is scheduled to fly next month and be delivered to its owner–actor and pilot Morgan Freeman–“later this summer,” a spokesman told AIN. S/N 009, which is being built out of sequence, will be handed over to its owner later this year. The spokesman wouldn’t disclose the SJ30 production rate plans for next year, though he said Emivest Aerospace has sold positions for the $7.25 million (2009 $) light jet into 2011. In other news, the company laid off 30 employees at its Martinsburg, W.Va. SJ30 subassembly facility, saying that it is “restructuring to production goals.” The spokesman said no other layoffs are planned.

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