U.S. Type Certificate Acquired For Classic Paris Jet
JetSet Aviation Holdings SAS, announced Tuesday that it has
reached an agreement with SOCATA for the purchase and transfer of
the type certificate and associated rights for the world's first
VLJ, the MS760 Paris Jet. Originally designed, manufactured, and
certified in France by aviation pioneer Morane Saulnier, the
four-seat twin-engine jet cruises at 400 mph and has a range of
1000 miles. It was first certified by the FAA on July 3rd 1958, and
was introduced by Beechcraft as the first U.S. business jet.
MS760 Corp, will license the type certificate, which will
provide engineering, sales, and other related services for the
MS760 platform. While the type certificate transfer is not expected
until early in 2010, MS760 Corp has already acquired the
manufacturer's drawings, tooling, spart parts, and a fleet of over
30 aircraft it hopes to upgrade and sell. Among the upgrades being
researched are a planned turbofan engine option.
To promote the MS760, a two-ship aerobatic air show team, led by
Captain Dale "Snort" Snodgrass has been announced to showcase the
acrobatic and precision flight capabilities of the aircraft, which
is certified in the U.S. in the "Utility" category. "I'm thrilled
to be the lead pilot for Team MS760," said Snodgrass. It's easy
when you are given the keys to a machine that truly opens the
envelope. The MS760 is a solid four-seat IFR Equipped aircraft with
remarkable reliability and has excellent flight capabilities," he
Stephen Fox, President of MS760 Holding Corp and owner of a
Paris Jet, said "the MS760 has long been admired for it's ease of
maintenance, robust design, four passenger capability, flight
characteristics, and low operating costs. The MS760 program,
combined with a planned trubofan upgrade now in development, should
make the re-defined MS760 aircraft an incredible investment."
A standard equipped MS760 with flight training included and
other special 2009 incentives will sell for approximately $550,000.
Avidyne, Garmin, and Chelton avionics panels are available for the
aircraft, and the company says a refurbishment completed this year
could qualify for a 50% bonus depreciation under the Economic
Development Act of 2009. Fox said the company currently has as many
as 30 airframes currently available for upgrade.