Adam Aircraft Launches Deposit Program for the A700
has introduced a Deposit Program for the A700 AdamJet.
For a limited time, the Company will offer the AdamJet for the
preferential price of $1,995,000. An initial deposit of $100,000
will secure the preferential price and a delivery
With a 340 knot cruise speed, 41,000 foot ceiling and 1,400
nautical mile range, the AdamJet will provide the performance of
existing entry-level jets at a fraction of the cost. Pilots and
passengers will also benefit from a large and comfortable six-seat
cabin with a fully enclosed lavatory in the rear of the aircraft.
Certification and first aircraft delivery of the AdamJet are (quite
optimistically-EIC) scheduled for the end of 2004.
"We are very proud to add the A700 to our growing fleet of
aircraft and are thrilled by the market's positive response to this
new offering," said Rick Adam, Chief Executive Officer of Adam
The A700 AdamJet has completed 20 flights and accumulated 36
hours of flight time since its hurried first flight on July 27,
2003. "Flight test results indicate the aircraft to be very stable
and controllable throughout its speed envelope and it looks to be a
very strong performer," said Chief Test Pilot Glenn Maben.
Because of an 80% part and system commonality with the A500, the
AdamJet is supported by over three years of development experience
and almost 380 hours of flight test. "Since most of the
aerodynamics and systems have been previously tested and matured on
the A500, this has accelerated the flight test program on the
AdamJet. The aircraft and systems are performing wonderfully, and
we feel confident it will meet mission requirements," added
Adam Aircraft is a general aviation designer and manufacturer.
The company employs advanced computer-aided design and
manufacturing and utilizes advanced composite materials, resulting
in very high-performance aircraft at attractive prices. Adam
Aircraft has development and manufacturing facilities in Englewood,
CO, and Pueblo, CO. The A500 twin piston aircraft is approaching
FAA certification and an A700 light jet is currently undergoing