Safire Jet stalls, Eclipse wages marketing war | Aviation International News

Safire Jet stalls, Eclipse wages marketing war

Camilo Salomon, president and CEO of Safire Aircraft, said he
has faced do-or-die situations before, but not in the aviation world, where, he says, e

By Karen Di Piazza

July 16, 2007

Camilo Salomon, president and CEO of Safire Aircraft, said he
has faced do-or-die situations before, but not in the aviation world, where, he says, every move he makes is examined by critics– qualified to judge or not. Having never worked in aviation before, he thought raising money to produce the company’s six-place twinjet would be easier.

With no cash left in the bank, Salomon said he had to temporarily halt operations on June 9, letting about 55 employees go. He thought that with new funding arriving from Geneva, he would be able to bring everyone back by June 30. When that didn’t happen, he convinced 15 diehard believers in the Safire Jet program to continue working without pay.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

ACJ: Strong Large-aircraft Market Growth Ahead in Asia

Research finds most financiers and brokers in Asia see market demand increasing

Airbus Corporate Jets ACJTwoTwenty

Britten-Norman Targets Eight New-build Islanders Annually

UK production expansion follows inaugural flight of latest Bembridge-built unit

Britten-Norman Islander

Bizjet Market Value To Reach $60B per Year in Next Decade

Market estimated to grow from $27 billion in 2025 to more than $60.5 billion

Phenom 100

Atlas Will Build Electra’s EL9 Hybrid-electric Prototypes

Wichita-based aerospace manufacturing group has partnered with the U.S. start-up

Electra EL9 aircraft

Honda Aircraft Finishes Echelon Wing, Delays 1st Flight

Final assembly of the first jet will take place early next year

Honda Aircraft team and the Echelon wing

Cape Air To Add Eight Caravans for Montana Service

Will introduce aircraft in 2027 to the Montana network

Textron Aviation Cessna Grand Caravan EX

The 25th Anniversary of 9/11: How it Changed Airbus and Boeing

The fall-out from the terror attacks was to have short- and long-term consequences

Boeing Sonic Cruiser

Will Embraer Go Big by Developing a Large Narrowbody Jet?

Industry experts privately debate whether the Brazilian airframer can take the risk

Embraer E195-E2 aircraft