Diamond Introduces DA50 RG - AVweb

It doesn’t matter if the product is any good or not. At 5 a month and 400 employees (after layoffs), they are at $60K per employee in revenue. They won’t even cover employee expenses at that figure, let alone manufacturing costs, cost of capital, liability insurance, etc., etc. They are a cash burn operation at this point, and at $400K each with very limited capability these planes are novelty items. The bulk of their deposits were taken when the price of the plane was a fraction of what it is now. Most of those deposits will not be converted. The design of the plane will survive, but the company will not.