Diamond Aircraft is pleased to announce that it has obtained 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.
We especially wish to thank our customers and business partners for their continued loyalty. This investment marks a turning point and we are most enthusiastic about our opportunity to refocus on completion of the D-JET.