According to Rice, Tunstall is a financial strategist firm, successful in 70 out of 72 deals last year. Tunstall is approaching large institutional investors instead of the smaller, individual investors that have been VisionAire's mainstay. We've certainly had the opportunity to consider it, but want to wait until we have the revenues to support it. As for now, Rice and company plan a roadshow to help support fund-raising efforts. Rice and Furnish are confident they're building a solid business jet.
Safety is paramount.
Lears and Falcons have to land at higher speeds. Our aircraft can land at 70 to 75 knots. That cuts the risk down dramatically. From 30,000 feet the aircraft can glide around 70 knots to a safe landing spot in the event of engine failure. The new design will use newer, LCD avionics displays, saving 60 pounds.