Diamond D-JET gets much needed investment

Diamond Aircraft has announced 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.