Safire Restructures

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Safire Aircraft Company last month announced a series of restructuring steps aimed at ensuring the completion and development of its Safire Jet prototype. The Miami, Fla.-based company said that it will reassign comes of the company's staff to new functions and create a new five-person sales organization. "We wish to focus on refining our sales strategy as well as continue to build our infrastructure, while concentrating our resources on first flight and certification," said Safire President and CEO Camilo Salomon. Safire Aircraft was founded in 1998 to meet the growing requirement for a new generation of light jets that will have far lower acquisition and operational costs than today's traditional light jets. Earlier this year, Safire filed a Type Certificate application with the FAA. The company's six-place twin-turbofan-powered Safire Jet, priced at $1.395 million, is scheduled to make its first flight in 2004, with deliveries beginning in 2006. Appointed to the new sales organization were Miguel Correa, Safire chairman, who will lead it. Michael Margaritoff, Safire founder, will coordinate the new sales campaign as vice president of sales administration. Jayson Gehri, customer support representative, will coordinate communications while Jane Poling will provide sales and customer support.