Diamond Raises D-Jet's Price

 - November 14, 2006, 11:13 AM

The good news is that the single-engine Diamond D-Jet is getting a parachute recovery system from St. Paul, Minn.-based Ballistic Recovery Systems. But the bad news is that Diamond has raised the aircraft’s price from less than $1 million to $1.36 million, nudging the $1.5 million tag for the Eclipse 500 very light twinjet. The increase is due to the manufacturer including previously optional items as standard equipment. The inclusion of the parachute system in the D-Jet is a first for a civilian jet. BRS officials said the initial system is expected to operate at airspeeds and altitudes that would allow a safe recovery of the D-Jet and its occupants after engine failure or a low-altitude emergency. The safety system will eventually be expanded to accommodate secondary features that would allow high-speed and high-altitude recoveries, which occur sparingly and also are difficult to execute, BRS said. Certification of the D-Jet has slipped from late next year to the second quarter of 2008.