December 8, 2016

Major investment secured for development

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Major investment secured for development

 

Diamond Aircraft announced in June it obtained a commitment for a significant investment exclusively dedicated to the D-Jet development program.

This investment will enable Diamond to recall furloughed engineering and technical staff, resume Flight Test operations and proceed towards building the next test aircraft, subject to finalization of closing arrangements.

Having recently completed several necessary piston development programs, Diamond’s Austrian operations will now also provide engineering and technical resources to support the completion of the D-Jet program, in the shortest possible time.

This investment marks a turning point and Diamond is most enthusiastic about refocusing on completion of the D-Jet.

For more information about Diamond Aircraft (North America) visit www.diamondaircraft.com