Sling Aircraft
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Sling Aircraft
Sling Aircraft (Pty) Ltd, formerly called The Airplane Factory (Pty) Ltd., is a South African aircraft manufacturer based at Tedderfield Airpark, Eikenhof, Johannesburg South. The company specializes in the design and manufacture of light aircraft in the form of kits for amateur construction and ready-to-fly aircraft for the Fédération Aéronautique Internationale microlight and the American light-sport aircraft categories.Bayerl, Robby; Martin Berkemeier; et al: ''World Directory of Leisure Aviation 2011-12'', page 80. WDLA UK, Lancaster UK, 2011. Tacke, Willi; Marino Boric; et al: ''World Directory of Light Aviation 2015-16'', page 83. Flying Pages Europe SARL, 2015. The enterprise is a proprietary company under South African law. The company has three shareholders: Mike Blyth, Director; James Pitman, Chairman; Andrew Pitman, Managing Director. Sling Aircraft utilizes numerical control manufacturing and computer-aided design in its aircraft design and production ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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