“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”
ATG Javelin May Be Resurrected
Since suspending development of the two-seat Javelin very light jet program in late December, the board of directors at Aviation Technology Group of Englewood, Colo., has continued to negotiate with Israel Aerospace Industries (its strategic partner) and financial institutions. According to ATG, the board's efforts are now "focused on negotiations with interested parties pursuing a possible sale or a majority buyout of ATG." The company said several teams are seeking potential buyers, requesting their "best and final offer bids."