Diamond Aircraft, based in Austria, was sold to new owners in China last December, and this week the company released details about how the new owners plan to manage the company. Wanfeng Aviation Industry will focus on continued growth and maintain the site in Austria as "global headquarters," according to the statement. The company will continue to develop new technologies and new products, including the Dart turboprop aerobatic trainer and the DA50 single-engine models. Some products pursued by the former management are "currently under evaluation," including the Dart-280 helicopter and a tiltrotor concept. The company will add to the 600 workers now at its Austria headquarters, mainly in R&D, sales and marketing, production, and support. Diamond Canada added about 100 new staff over the last year.
This is a companion discussion topic for the original entry at https://www.avweb.com/recent-updates/business-military/diamond-updates-future-plans