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June 04, 2004

Safire Dodges Bullet

Financial Problems Reportedly At An End

Recent reports of financial problems at Safire Aircraft were confirmed yesterday by President and CEO Camilo Salomon. ANN had received several insider reports of a number of financial difficulties that included  missed and late payroll (two periods, accordingt to one report) that cast a pall over the fledgling Bizjet manufacturer. Citing a "slight hiccup in funding," Salomon admitted that they had been through a rough spot, but that the future looked a bit brighter when questioned, late Thursday.

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Agriculture Official Defends Tanker Decision

Promises $66 Million On More Firefighting Aircraft

A top official at the Department of Agriculture said Wednesday "no prudent person" would have continued to fly aging firefighting tankers after the government decided there was no way to guarantee that they're airworthy.

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Schweizer and Helicopter Adventures Ink Record Deal

Biggest 300CBi Deal to Date

Schweizer Aircraft says it's signed a deal with Helicopter Adventures Inc. (HAI) for the largest single fleet order of 300CBi helicopters to date. Helicopter Adventures is the largest commercial helicopter flight training school in the world. The order is for twenty-three (23) 300CBi helicopters with options for up to ten additional units.

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