Don Joseph, president of Explorer Aircraft in Jasper, Texas, said he is “more optimistic than ever” about the company’s fundraising efforts. “We’re in due diligence with one group and in conversations with two others,” he told AIN. The company has been in a fundraising mode for at least three years during which development of the PT6-powered Explorer has been on hold.
Operators waiting for the long-delayed certification of the Orenda V8 turbocharged piston engine retrofit for the King Air C90 will have to wait a little longer. Orenda officials in Nova Scotia told AIN that the engine installation kit is being redesigned with the aim of making it more “maintenance friendly.” The company is now aiming for an STC by year-end.