Hmm interesting, a lot of those orders are from large fleets of new start Fractionals, all of whom cant survive on their own let alone amongst competition within the very large fleets currently floating around with CitationJets and Beechjets forming a significant proportion. The firm orderbook is more like 1700, with “non refundable deposits” paid on these. I wonder how large that deposit actualy is.
Nevertheless $1.5m is incredibly cheap for a jet which certainly explains the figures we’re looking at. Whether the new start up company has the ability and the infrastructure to deliver remains to be seen, but as I see Bill Gates is a major investor that shouldnt be a problem!