The trajectory for single-engine very light jets is up and to the right. List prices for what were initially envisioned as $1 million pocket rockets are now bumping up against, and in some cases through, $2 million–and likely to go higher.
Later this month, the 63rd annual NBAA meeting and convention opens at the Georgia World Congress Center in Atlanta. The NBAA Convention won’t reappear in Atlanta for some time, as the next four shows are scheduled for Las Vegas (2011), Orlando (2012), Las Vegas (2013) and then again in Orlando (2014).
Diamond Aircraft founder and CEO Christian Dries yesterday revealed plans to develop a fully aerobatic, tandem two-seat military trainer version of the D-Jet that he said will have ejection seats and sell for less than $3 million.
As expected, the recession has taken a toll on aircraft manufacturers and would-be manufacturers. But while the list of canceled and delayed projects includes the inevitable marginal programs, the crop of active manufacturers is–with few exceptions–forging ahead with new aircraft.
On the eve of last month’s NBAA convention, engine and avionics manufacturer Honeywell released its 18th annual 10-year market forecast, projecting a serious near-term dip in business jet deliveries but a gradual climb back to the heights reached during last year’s production peak.
As the industry nervously anticipates a tepid buying climate at this year’s NBAA Convention, engine and avionics manufacturer Honeywell sees a serious near-term dip in business jet deliveries but a gradual climb back to the heights reached during last year’s production peak, based on the results of its 18th annual 10-year market forecast.
Almost 27 years after bizjet legend Allen Paulson announced–and then abandoned–the single-engine jet known as the Gulfstream Peregrine, the single-engine very light jet (VLJ) concept is inching closer to fruition.
Citing a combination of specific business challenges, market conditions and capital scarcity, the three leading single-engine VLJ contenders–Cirrus, Diamond and Piper–have either implicitly or explicitly moved their development and delivery schedules decidedly to the right.
Certification of the single-engine Diamond D-Jet has been delayed again and is now scheduled for early next year. At last year’s EAA AirVenture show, Diamond announced that certification was going to take place this year. Meanwhile, D-Jet numbers two and three continue flight testing in Texas, which offers a much more benign climate than Diamond’s London, Ontario (Canada) headquarters.