Mon, Dec 05, 2005
Hoping For Major Capital Infusion This Month
Tiger Aircraft has
confirmed to ANN that eight staffers were given pink-slips last
Friday. Despite what Tiger Boss Gene Criss described as a "pretty
solid" order book, nearly a third of the current staff was laid off
while the company awaits what is expected to be a major capital
infusion later this month. This new financing prgram may also
establish the unnamed party as a possible new majority partner
in the company.
Despite the negative tone of the announcement, Criss sounds
upbeat about the future of the company. "The G1000 Tigers are
selling well and new dealers are placing a number of orders... Our
order book has rarely looked better."
Criss describes the current move as a cash conservation issue,
in preparation for the aforementioned capital infusion.
Construction continues unabated on the current product line with
the 20 staffers now left at the company.
Tiger announced the certification of the G1000-equipped tiger at
Oshkosh 2005. The twin-screen system features 10.4-inch glass
displays for the PFD and MFD, both of which include 1024 x 768
resolution and wide-angle viewing, even in bright sunlight.
Covering the navigation functions, the system is WAAS-capable; it
contains IFR GPS; and it has VHF/ILS with VHF output of 16
There is a built-in attitude and heading reference system
(AHRS), traffic information service (TIS), and terrain proximity
alerting and a Mode S transponder. Crisp digital audio comes
courtesy of the GIA 63 dual integrated radio system that runs
through the GMA 1347 digital audio control panel.
The upgraded Tiger, featuring the G1000 panel, carries a price
A True Aviation Pioneer Talks About The Future of GA Originally Webcast, 05.30.12: Even to many who have to compete with him, Bob Showalter is "Mr. FBO." A veteran of decades of se>[...]
Electric VTOL Aircraft Is Turning Heads In France Among the thousands of aircraft and products on display at the Paris Air Show getting a lot of attention this week is one that may>[...]
Professional Helicopter Pilots Association This website provides valuable information to helicopter operators, including quick access to TFR maps, Homeland Security bulletins, form>[...]
Transport of warm air into an area by horizontal winds. Low-level warm advection sometimes is referred to (erroneously) as overrunning. Although the two terms are not properly inte>[...]
“We have clearly heard the voice of scientists and their unanimous recommendations to change the proposal. From now on, nobody can claim ‘We did not know’." Sourc>[...]