Meanwhile, Adam Aircraft is also getting ready for full-scale production of its push/pull piston twin. The first revenue-producing version of the A500 rolled out of the factory in Englewood, Colo., Oct. 10. “Although this is our sixth rollout, it is really special because it’s the first customer airplane,” said CEO Rick Adam. The unidentified buyer can’t fly his new plane away just yet, however. Adam is still awaiting full type certification for the A500, but that’s expected within weeks. Once the FAA stamp of approval is received, the company intends to shift its 300-member workforce into high gear and make 40 airplanes in 2005. There’s a backlog of 65 orders. With development of the A500 complete, Adam is expected to shift more resources to certification and production of its highly touted A700 jet. Its further development is expected to be helped by the fact that it shares most of the basic components used in the A500. The jet is currently undergoing flight tests.
…As Adam Rolls Out First Customer A500
Key Takeaways:
- Adam Aircraft is initiating full-scale production of its A500 push/pull piston twin, with the first customer aircraft having rolled out and awaiting full FAA type certification, expected within weeks.
- The company plans to produce 40 A500s in 2005 to fulfill a backlog of 65 orders.
- Resources will be redirected to the certification and production of the A700 jet, which is currently undergoing flight tests and shares many components with the A500.
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