#1
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Nextgen NOMAD
Hi all. Was a bit of new around last year when Gippsland took over type certificate from Boeing for the Nomad and plans to relaunch production as a NextGen model. Haven't heard much since. Anyone have any info???
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#2
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Heard a few weeks ago that Gippsland have sold the Airvan production system to an Indian company and will use the proceeds of the sale to concentrate on the Nomad.
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#3
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Here's the latest I could find:
The acquisition of a majority stake in Australian general aviation manufacturer Gippsland Aeronautics by Indian automotive and information technology group Mahindra and Mahindra is expected to close shortly.http://www.flightglobal.com/articles...t-company.html |
#4
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Cheers Will, thought it was a done deal and production of the Airvan would move to India; have deleted old e-mails so can't check.
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#5
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Thanks guys. I have nothing against foreign investment but just seems a shame that in a country as vast and rich as Australia we can't sustain an indigenous aircraft company. The Flightglobal article mentions $38m, which in the scheme of things is relatively "peanuts".
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