...As Adam Rolls Out First Customer A500
Meanwhile, Adam Aircraft is also getting ready for full-scale production of its push/pull piston twin. The first revenue-producing version of the A500 rolled out of the factory in Englewood, Colo., Oct. 10. "Although this is our sixth rollout, it is really special because it's the first customer airplane," said CEO Rick Adam. The unidentified buyer can't fly his new plane away just yet, however. Adam is still awaiting full type certification for the A500, but that's expected within weeks. Once the FAA stamp of approval is received, the company intends to shift its 300-member workforce into high gear and make 40 airplanes in 2005. There's a backlog of 65 orders. With development of the A500 complete, Adam is expected to shift more resources to certification and production of its highly touted A700 jet. Its further development is expected to be helped by the fact that it shares most of the basic components used in the A500. The jet is currently undergoing flight tests.