New investment brings a new name for Sino Swearingen
The Sino Swearingen Aircraft Corporation, manufacturer of the SJ30 light jet, announced a name change yesterday.

The Sino Swearingen Aircraft Corporation, manufacturer of the SJ30 light jet, announced a name change yesterday. Here at NBAA, Emirates Investment and Development Company (Emivest) of Dubai, United Arab Emirates, now the majority shareholder of Sino Swearingen, announced that Sino Swearingen will now be known as Emivest Aerospace Corp. Except for a huge influx of funds, the strong backing of its new investor and a new management team, nothing else has changed–at least not yet.

The new owner intends “to infuse new energy into the company” and bring the SJ30 into large-scale production, according to Anthony Power, acting CEO, but right now the new management team is evaluating options regarding the operation.