“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”
Adam Aircraft Sells Very Light Jets in China
Adam Aircraft may have taken the first very light jet order from the People's Republic of China. The Denver-based manufacturer announced receipt of a firm order for 50 AdamJet A700 twin-boom VLJs from Hainan Zhong Hang Tai General Aviation Airlines, the China-based operating entity of Ameritech Aerospace.
The acquisition, according to Adam Aircraft, is part of the Chinese company's strategy of capitalizing on the country's fast-growing general aviation market with a fractional-share program and air-taxi operation. Adam expects the A700 to receive FAA certification in early 2008.