Things Are Looking Up At Diamond Aircraft

Since Diamond's buyout by Medrar Financial Group of Dubai the company has been on a more even financial footing. This has has all kinds of benefits, like inspiring customers to buy planes. Diamond just put out this press release on a big order for up to 26 DA40s.

Diamond Aircraft and Flight Training Adelaide announce DA40 fleet order

Diamond Aircraft and Flight Training Adelaide announce DA40 fleet order Flight Training Adelaide (FTA) has contracted with Diamond Aircraft, in conjunction with their Australian distributor Hawker Pacific, for the purchase of up to 26 DA40 aircraft, to be based at Parafield, Australia. The first four of eight 2012 deliveries will be made midyear, with options for 18 additional aircraft scheduled for 2013 and 2014 delivery. The single engine Garmin G1000 equipped DA40s replace FTA's aging single engine Socata TB10s and Grob 115s and will complement their seven DA42 L360 aircraft.

"We chose the DA40 because it was the best fit for our strategic acquisition and upgrade program. It offers the technology we desire, simplicity of operation and maintenance and is underpinned by a strong aircraft manufacturer in Diamond Aircraft Industries Canada, who are ably supported by their partner Hawker Pacific in Australia," said Pine Pienaar, CEO of FTA. "We train cadets to become professional pilots for our partner airlines, including Cathay Pacific, Dragonair, Qantas, QantasLink, JAL Express and J-Air. Our airline partners demand competent and technology savvy pilots, regardless of whether we are training to a conventional training syllabus or for the Multi-Crew Pilots licence. The modern low-drag DA40 with its full glass cockpit provides the perfect introduction for cadets and is an easy transition to our DA42 twins. We have been very satisfied with Diamond's after sales support and this is an important element of our decision."

"We're delighted that FTA has selected the DA40 to modernize their substantial single engine fleet," said Peter Maurer, CEO of Diamond Aircraft Industries Inc. "With its modern glass cockpit, superb handling, fuel efficient airframe, demonstrated reliability in high utilization flight training and proven best safety record, the DA40 is ideal for professional flight training and best complements the fleet of DA42 twins that FTA has been operating since 2007. The local parts and service support offered by Hawker Pacific, our distributor for Australia and New Zealand, undoubtedly enhanced our bid and we are grateful to Hawker Pacific for their great work in securing this significant order."