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“Great
things in business are never done by one person, they are done by a team of people
“Steve Jobs. The following new is to bring motivation and inspiration for all Aeronautical Engineers.

China’s Wanfeng
Aviation has acquired Diamond Aircraft Group, the Austrian-headquartered parent
company of one of Europe’s largest general aviation aircraft manufacturers,
Diamond Aircraft Industries, and its Canada-based sister.

The
purchase, which also includes the company’s Austro Engine division, comes a
year after the Wanfeng Auto Holding subsidiary acquired a 60% stake in the
Canadian operation, and is intended to assure the company’s “continued
long-term future”.

Diamond
was created in 1996 as a rebrand of Austria’s HOAC. The motorglider developer
had been acquired five years earlier by outgoing chief executive Christian
Dries and his family, which set about turning the small company into a major
developer of propeller-driven aircraft.

More
than 15 models and derivatives have been produced by the Wiener
Neustadt-headquartered airframer to date, including the two-seat DA20 Katana
and four-seat DA40 piston singles; the DA42 and DA62 piston-twins and the
short-lived D-JET single-engined personal jet.

Dries
describes Diamond as “my life’s work”, adding that “the right
partner” needed to be found in order to secure its longevity.

“Wanfeng
and specifically [chairman] Mr Bin Chen share my vision of the future of general
aviation,” Dries notes. He says it is “investing for the right
reasons, with a long-term strategy and the resources to see its vision through.
I look forward to seeing Diamond develop further, and based on our successful
year-long partnership in Diamond Canada, I am fully satisfied that I leave
Diamond in very good hands.”

Under
Wanfeng’s ownership, work will continue on Diamond’s latest models, including
the in-development Dart 450 turboprop trainer, which is scheduled to enter
service this year, and the DA50 family of diesel-fuelled light aircraft.

Chen
says the Diamond team “has developed a broad range of superb aircraft that
have gained worldwide respect for their performance, efficiency, safety, and
innovation. Based on this excellent foundation, we intend to take Diamond to a
long-term leadership position in worldwide general aviation”.