There is little new or definitive in the ongoing saga of Safire Aircraft Company’s struggle to find new financing to bring its planned light-light Safire Jet to market. As AVweb reported, the company suspended operation on June 10 and set off to find new financing opportunities. However, some good news for the company may be announced as early as next week. AVweb spoke to company officials earlier in the week about published reports that it was close to closing a deal with Middle Eastern financiers. However, neither that nor any other deal is ready for announcement, according to the company. Some news may be available next week, however.
Safire Update
Key Takeaways:
- Safire Aircraft Company remains in suspended operations, actively seeking new financing to bring its Safire Jet to market.
- Reports of a potential deal, including with Middle Eastern financiers, are unconfirmed, with company officials stating no agreement is ready for announcement.
- Despite the ongoing uncertainty, the company suggests that some news regarding their financing efforts may be available as early as next week.
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