Spectrum Aeronautical Receives Fleet Order from Jetpool

Charlotte, N.C. –based Jetpool placed “a significant fleet order” for Spectrum Aeronautical's Independence model S-33 and Freedom model S-40 business jets. However, neither party set the number of aircraft or the value of the deal and a Spectrum spokesperson said it is policy not to announce the number of aircraft, the value of the order or the backlog.
Spectrum Aeronautical, headquartered in Carlsbad, Calif. with its development center located in Spanish Fork, Utah, is developing two jets: the Freedom, a nine-place mid-sized jet, scheduled for certification and first deliveries in 2009 and the Independence, an eight-place light jet, scheduled for certification and initial deliveries during 2010. Both aircraft feature the company’s revolutionary fibeXTM composite material technology, resulting in empty weights that are about 40 percent lower than comparably sized aluminum aircraft. The light weight, combined with efficient next-generation fanjet engines allows significant reduction in fuel consumption and emission of green-house gasses.
“I’m pleased Jetpool has selected Spectrum’s equipment to expand their operations as they have a unique and effective business model,” states Spectrum CEO Austin Blue. “Jetpool has turned shared and single-jet ownership into an affordable yet hassle-free proposition. They tackle all the complex aspects of the ownership experience by applying the operational precision that comes from being owned and led almost exclusively by military veterans.”
Spectrum Director of Sales Gary Bushouse adds, “In addition to their management services, they’re also offering a `mentor pilot' program staffed with former Navy aviators. That type of talent, serving as mentor pilots, is the optimal way to transition to jets.”
Ryan Stone, CEO of Jetpool, notes that the Spectrum family of aircraft has been chosen after an extensive evaluation of alternative light jet aircraft. “We looked at every VLJ coming into the market, and Spectrum was an easy choice. Spectrum’s products will give our shared ownership clients high performing `regular' sized aircraft at a VLJ weight and price - the value proposition is truly disruptive.”
In addition to their regular services, Jetpool is again sponsoring a VLJ symposium at their Charlotte, North Carolina headquarters this week, March 7-8th 2008. This year’s program is expected to attract over 1,000 attendees from the US and abroad. Related Story