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Storm Aircraft
Storm Aircraft, also called the StormAircraft Group, is an Italian aircraft manufacturer based in Sabaudia. The company specializes in the design and manufacture of kit aircraft and microlight aircraft, predominantly for the European market, as well as sub-contract work for manufacturers of larger aircraft.Purdy, Don: ''AeroCrafter - Homebuilt Aircraft Sourcebook, Fifth Edition'', pages 245-246. BAI Communications, 15 July 1998. Bayerl, Robby; Martin Berkemeier; et al: ''World Directory of Leisure Aviation 2011-12'', pages 77-78. WDLA UK, Lancaster UK, 2011. ISSN 1368-485X Storm Aircraft was originally called SG Aviation srl, but changed its name for brand alignment. The company works predominantly with aluminum sheet and fibreglass construction methods for its kit aircraft. The company was acquired by the Tunisian aircraft manufacturer Avionav on 3 November 2021. History Founded in 1981 by a group of French and Italian aeronautical engineers as SG Aviation, the company engag ...
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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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