{{other uses, AASI (disambiguation){{!AASI
AASI or Advanced Aerodynamics and Structures Inc (originally ASI, Aerodynamics and Structures Inc.) was an aircraft maker, headquartered in Long Beach, California. The company was financed by US based Business Tycoon Late Hameed Hamza and co-owned by Darius Sharifzade and Huzefa H. to develop and manufacture a line of
business aircraft
Business aircraft are aircraft typically used by companies and corporations to transport people or goods related to the needs of said businesses. Most business aircraft are general aviation aircraft variants of piston or turboprop or busin ...
of unconventional configuration, the Jetcruzer.
But the Jetcruzer program was later hampered by a lengthy development and although the prototype version (the 450) had flown as early as
1989
File:1989 Events Collage.png, From left, clockwise: The Cypress Street Viaduct, Cypress structure collapses as a result of the 1989 Loma Prieta earthquake, killing motorists below; The proposal document for the World Wide Web is submitted; The Exxo ...
, by
2002
File:2002 Events Collage.png, From left, clockwise: The 2002 Winter Olympics are held in Salt Lake City; Queen Elizabeth The Queen Mother and her daughter Princess Margaret, Countess of Snowdon die; East Timor gains East Timor independence, indepe ...
AASI still did not have Jetcruzer in production. That year AASI acquired the assets of the Mooney Aircraft Company and changed its name to the Mooney Aerospace Group (MASG).
Shortly thereafter, MASG suspended development of the Jetcruzer to focus on Mooney's line of light aircraft. The Jetcruzer assets were put up for auction in November
2003
File:2003 Events Collage.png, From top left, clockwise: The crew of STS-107 perished when the Space Shuttle Columbia disintegrated during reentry into Earth's atmosphere; SARS became an epidemic in China, and was a precursor to SARS-CoV-2; A des ...
and sold to
Innova Aircraft Innova may refer to:
* Innova Capital Partners, an American investment firm
* Innova Discs, a disc golf disc manufacturer
* Innova Disc Golf (video game), ''Innova Disc Golf'' (video game)
* Innova Junior College, Woodlands, Singapore
* Innova Recor ...
.
This was not enough to save the company and in
2004
2004 was designated as an International Year of Rice by the United Nations, and the International Year to Commemorate the Struggle Against Slavery and its Abolition (by UNESCO).
Events January
* January 3 – Flash Airlines Flight 6 ...
, MASG sold off the Mooney assets to
Allen Holding Finance Allen, Allen's or Allens may refer to:
Buildings
* Allen Arena, an indoor arena at Lipscomb University in Nashville, Tennessee
* Allen Center, a skyscraper complex in downtown Houston, Texas
* Allen Fieldhouse, an indoor sports arena on the Univer ...
.
Aircraft
*
Jetcruzer 450
The AASI Jetcruzer was an American single turboprop light civil transport made by Advanced Aerodynamics and Structures Inc. The Jetcruzer had an unusual configuration, with a single turboprop engine driving a pusher propeller, a prominent canard ...