ATG Appoints Action Aviation as Distributor and Announces 40 Orders for Javelin Jet
Action Aviation | Jan. 31, 2007
Aviation Technology Group, Inc., (ATG) announced the appointment of Action Aviation as an exclusive distributor for the civilian versions of the Javelin jet throughout the Middle East, Africa, the Indian subcontinent, and West Asia. As part of this agreement, Action Aviation has placed firm orders for 40 Javelin jets, worth $120 million, for delivery to its customers over a period of eight years from certification, including a few early premium positions.
With many years of experience in the aviation industry, Action Aviation has offices in Europe, the Middle East, and India. In addition to the Javelin jet, Action Aviation is an exclusive distributor for MD Helicopters and the Sino Swearingen SJ30 long range light business jet.
"All of us at Action Aviation are very excited by the long-term prospects for the Javelin," said Hamish Harding, Chairman of Action Aviation. "We looked at the jet in depth and were absolutely amazed by the level of performance that has been achieved with the Javelin. Imagine, as a civilian businessman, being able to fly in a 500-knot business jet, capable of climbing at stunningly high climb rates. Add to that a fully aerobatic capability to +6g and -3g - and an appearance akin to the F-18 fighter - and this jet is going to turn a lot of heads on any business aircraft ramp in the world."
Harding added, "With a range of over 1,000 nautical miles - this aircraft is a stylish personal transport for one or two people traveling at a time. And, at around $3 million, the Javelin is an ideal complement to many personal fleets. Personally, I can't wait to get my hands on a demonstrator."
George Bye, chairman of ATG, commented, "We are delighted to have Action Aviation become a vital member of our team. As civil aviation marketing specialists in the region, Action Aviation is unrivalled." (US dollar is the currency used in this report unless otherwise stated)