Diamond D-Jet

The Diamond D-JET is a composite, five-seat, single-engine very light jet developed by Austrian aircraft manufacturer Diamond Aircraft Industries. The intended cost for the aircraft was advertised by the company as being US$1.89 million dollars in March 2009. Development of the D-JET has been disrupted by funding shortfalls during the Great Recession. By February 2013, the development program had been suspended pending company reorganization, which included the workforce related to the D-JET being laid off. During May 2014, Diamond confirmed the continued suspension of the programme, but stated that it had not been cancelled. During December 2016, a majority share of Diamond Aircraft Canada was sold to Chinese firm Wanfeng Aviation; reportedly, this shall result in a detailed re-assessment of the D-JET program, including options for the potential resumption of its development.

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