July 22, 2009
By Alton K. Marsh
While keeping a small cadre of key people, Swiss-based Mistral Engines has laid off employees and slowed its operations. Mistral has for several years worked to bring to market a rotary aircraft engine.
A Mistral engine powered a Piper airframe to Oshkosh where it was on display at EAA AirVenture five years ago. Rotary technology has been in development on several fronts for decades for a variety of uses.
Mistral officials said in a statement from Geneva, Switzerland, that it still has investors for its next round of financing, but the economy has hurt the ability of the investors to contribute as much as they had hoped. While waiting for the economy to improve, certification efforts continue for the company’s 300-hp G-300 engine. The company is entirely financed through private equity. You can see it fly online.
AOPA Pilot Senior Editor Alton Marsh has been a pilot since 1970 and has an airline transport pilot certificate and instrument and multiengine flight instructor certificates, aerobatic training, and a commercial seaplane certificate.
October 24, 2014 ePilot Training Tip: It's your ride
A collision near Frederick Municipal Airport Oct. 23 claimed three lives and left the local aviation community–including AOPA–in mourning.
October 24, 2014 New jets, gadgets at NBAA; Automation erodes skills?
VOLUNTEER AT AN AOPA FLY-IN NEAR YOU!
SHARE YOUR PASSION. VOLUNTEER AT AN AOPA FLY-IN. CLICK TO LEARN MORE >>>
VOLUNTEER LOCALLY AT AOPA FLY-IN! CLICK TO LEARN MORE >>>
BE A PART OF THE FLY-IN VOLUNTEER CREW! CLICK TO LEARN MORE >>>