| Thank
you for your interest in Groen Brothers Aviation, Inc. (GBA) and
our aircraft. Welcome to Issue #37 of our web site update column.
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SPARROWHAWK
FIRST FLIGHT
The SparrowHawk took to the air on itís first flight February 25th.
Jim Mayfield, the President of GBAís subsidiary American Autogyro
Inc. (AAI), and GBAís Chief Test Pilot and principal designer, said,
"The SparrowHawk, as was anticipated, handles very well in
flight. We are excited about offering the aviation community a gyroplane
with this level of engineering excellence coupled with unparalleled
safety. The centerline thrust design, incorporating a generous horizontal
stabilizer, ensures stability and increases safety. Iím also proud
to announce delivery of the initial components of SparrowHawk kits
to many of our AAI Dealers who have already begun manufacture and
assembly. The input of their experience will help ensure a satisfying
and pleasurable experience for our current and future customers
who build this aircraft." The SparrowHawk sports a large two-place
cabin with a width of 44 inches, more than 4 inches wider than a
Cessna 172, providing great visibility and comfort for the pilot
and passenger.
GBA/AAI
TO ATTEND BENSEN DAYS & SUN ëN FUN
April will see GBA/AAI in attendance at the PRA (Popular Rotorcraft
Association) Bensen Days Fly-in April 6 - 11 in Wachula, FL, followed
by the EAA (Experimental Aircraft Association) Sun ën Fun Fly-in
April 13 - 19 in Lakeland, FL. AAI will offer Introductory Flight
Lessons at a modest cost during both events. For additional information,
please visit the AAI website at .
AAI
SIGNS SPARROWHAWK DEALER IN RUSSIA
AAI has further expanded its sales network by opening a dealership
in Moscow, Russia. The dealership is owned and operated by Mr. Alex
Lameko, President of the TwistAir Club in Moscow. In addition to
selling the AAI SparrowHawk, Mr. Lameko's dealership will provide
service, pilot training and builder assist programs for SparrowHawk
customers in the region. "We are very happy that we could form
this relationship with Mr. Lameko and the TwistAir Club" says
Mr. James Mayfield, President of AAI. "Alex is very well known
in the region and is very familiar with all facets of light aircraft
operation in Russia and Eastern Europe. The setting up of the dealership
and the associated sale of two SparrowHawks to TwistAir this week
is already generating great interest within and beyond Russian borders."
This is AAI's fifth international dealership location. To read the
News Release, please click here on "New
Dealer."
GBA
APPOINTS NEW CFO
Dennis Gauger has joined GBA Team Hawk as our new Chief Financial
Officer. Dennis has over 26 years of experience as a financial executive,
corporate troubleshooter and consultant, and accounting and auditing
professional. His professional background includes 21 years of service
in three offices of Deloitte & Touche, a "Big Four"
international accounting firm, including 9 years as an accounting
and auditing partner. Dennis has experience in a wide variety of
industries, including manufacturing, high technology, software,
Internet, retail and distribution, financial services, hospitality,
mining, telecommunications and real estate, and has served as Chief
Financial Officer for two other public companies. Please click here
on "CFO"
to read the News Release.
GBA
GYROLIFTER MONSOONTM
GBAís proposed GyroLifter concept, in addition to its uses as proposed
to DARPA for an Advanced Maneuver Transport, could also serve in
a wildfire suppression role. Using this aircraft in a "dual
use" role as an aerial fire fighting vehicle was first suggested
by William B. Scott, Rocky Mountain Bureau Chief for Aviation Week
& Space Technology magazine (AW&ST). Mr. Scott, in his article
in AW&ST, notes that the fast moving fires in Southern California
underscore the importance of a timely "initial attack"
to preclude heavy losses of life and property. Because of its high
speed response time and ability to fly low and slow safely, the
GBA GyroLifter fitted with a water cannon could fight fires day
or night as an initial attack aircraft. Its 3,000 gallon tank provides
ample water/retardant for accurately and quickly dousing spot-fires
before they become large uncontrolled burns. For more information
on GBAís GyroLifter concept, please click here on "Gyrolifter."
AAI
EXHIBITS AT COPPERSTATE
American Autogyro exhibited the SparrowHawk prototype at the Copperstate
Regional EAA Fly-in, held at the Phoenix, AZ Regional Airport. As
it did at PRA/Mentone and EAA/Oshkosh, the SparrowHawk prototypeís
combination of balance and fine lines attracted much attention and
contributed to additional sales which now total over 30 aircraft.
The SparrowHawk also caught the eye of the media. The February issue
of Custom Planes magazine featured an article on the event
and was very complimentary of the design and market potential of
the SparrowHawk.
TAKING
STOCK OF GBA
Groen Brothers Aviation, Inc. is a fully reporting, publicly traded
corporation, listed on the OTC Bulletin Board as GNBA at any Stock
Brokerage Company. Investment information including stock reports,
Market Makers and SEC annual and quarterly reports are accessible
on or through our web site by clicking on Investment. |
