A700 certification set for late 2009
AAI Acquisition, which bought the assets of Adam Aircraft Industries for $10 million after Adam filed for bankruptcy in February, is ramping up the certification program for the A700 very light jet. The company is working toward A700 certification in late 2009 or early 2010. Jack Braly, former Beech Aircraft president and president and CEO of Sino Swearingen Aircraft, is acting CEO for AAI. AAI plans to release updated pricing information and features lists next month so it can begin taking orders for the A700.