XTI Pushes Back TriFan 600 Service Entry with Xeriant Merger Still Pending
XTI now claims to have "qualified preorders" valued at $3 billion for its turbine-powered TriFan 600 VTOL aircraft, for which it recently completed an FAA preliminary design review.
XTI’s in-development TriFan 600 VTOL aircraft is now not expected to enter production until 2027, with the program schedule having slipped by up to three years. The Colorado-based company’s new CEO, Michael Hinderberger, confirmed the delay during an August 3 press conference held by Xeriant Aerospace, with which it still aims to merge on the basis of a joint venture announced back in June 2021.
According to Hinderberger, who recently replaced Robert LaBelle as head of XTI, the company has completed a preliminary design review of the six-passenger TriFan 600. He reported that it now holds “qualified preorders” worth $3 billion, a figure that he said has increased by more than 50 percent over the past 12 months.
