March 2008 Issue
First Word: 03/08
If you’re a true believer in the VLJ revolution, your world got rocked in early February with the announcement that Adam Aircraft, a promising and early contender in the market, folded up. From the warm comfort of hindsight, I’d like to say we told you so, but no such claim will be forthcoming. As much as it’s possible to predict these things, we thought Adam’s business plan was realistic, its funding relatively assured and the aircraft—the 500 piston twin and the 700 twin jet—were good designs well-suited for the market. True, the piston twin market is iffy, but VLJ demand is supposed to be the great fertile ground of the 21st century.
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