News
Adam Aircraft 2007 year-end review

Adam A500 and A700 in flight

Jan. 10, 2008, Englewood, CO – Reflecting on the past year, Adam Aircraft achieved numerous successes in 2007. The company's primary focus continues to be completing FAA Type Certification for the A700 very light jet (VLJ) and implementing the world-class production processes for the A500 centerline piston twin and the A700.

Significant milestones were accomplished in the A700 certification program with the achievement of the FAA Type Inspection Authorization (TIA) and the addition of three new flight test articles into the flight test program. The A700 certification program continues to be on track for completion in 2008.

Adam Aircraft also implemented the new Make Production Fly (MPF) program. In order to achieve a high rate production, the company made the decision to slow production of the A500 in order to stream-line the process. "Building the best airplane possible for our customers is paramount and we are making sure we have the right processes in place in order to build a complete product that exceeds expectations. The new MPF allows us to accomplish this objective," said Adam Aircraft President Duncan Koerbel.

"First and foremost I'd like to say thank you to the dedicated employees who have helped make this year one of our most successful to date," said Koerbel. "While we have not been without our challenges due to our growth, we have handled the long hours, false starts, and in-process adjustments like true professionals and should be proud of what we have accomplished."

Accomplishments achieved by Adam Aircraft in 2007 include:

*    A700 S/N 3, the first fully conforming prototype, flew for the first time on April 9
*    A700 S/N 4 followed with a first flight on August 24
*    A500 25,000 ft certification was received on September 17
*    A500 certified Traffic Avoidance System and Enhanced Ground Proximity Warning System was certified in September
*    The newly implemented MPF program experienced success through the development of several new large tools to build wing and fuselage structures with greater repeatability
*    A500 S/N 15 is experiencing a 50 percent reduction in man hours as a result of the new MPF process
*    FAA Type Inspection Authorization (TIA) to begin FAA flight testing on the A700 for certification credit was issued November 30
*    FLYING Magazine issued a very favorable report on the A500 in December
*    Expansion into the new Ogden, Utah facilities was completed
*    Successful completion of company environmental tests on the A700 at Eglin AFB

As Adam Aircraft continues to move forward with its vision, 2008 will be a pivotal year in obtaining the company goals of successfully ramping up and bringing the A500 to market and achieving certification of the A700.

Adam Aircraft is a designer and manufacturer of advanced aircraft for civil and government markets. The company uses computer-aided design, rapid prototyping, advanced manufacturing techniques, and carbon composite materials to produce high-performance aircraft at attractive prices. The A500 twin-engine piston aircraft has been Type Certified by the FAA, and the A700, which is currently undergoing flight test and development, will carry seven people and feature the best people-to-price performance ratio of any VLJ. Adam Aircraft headquarters are based at Centennial Airport (APA) in Englewood, Colorado, with additional facilities in Pueblo, Colorado, and Ogden, Utah. To learn more about the company, visit www.adamaircraft.com .