-T / T / +T | Comment(s)

Monday, July 31, 2006

Diamond Jet Now Over $1 million

The Diamond Jet will have a $1.38 million introductory price, 40 percent more than the original $850,000 price tag, largely because the aircraft now sports as standard many additional features and equipment that were originally offered as options.

"We have observed that new aircraft customers typically select all available equipment, for enhanced capability, convenience and safety," said Peter Maurer, president, Diamond Aircraft Industries. "As opposed to certifying a base aircraft and following with additional equipment certifications later, we have decided to complete initial certification in what we expect to be the most desired configuration, especially by our North American customers."

The five-seat aircraft has now logged over 30 hours of flight time. Since the first announcement in 2003, the D-JET has grown in cabin volume, engine thrust, useful load, fuel capacity, and equipment level. The speed and altitude envelope was progressively expanded from the previously flown 170 knots and 12,000 feet to a cruise speed of 280+ ktas and 25,000, its design certification limit.