JETCRUZER 500 GOING BACK TO THE DRAWING BOARD; AASI WINS APPROVAL TO TAKE OVER MOONEY AIRCRAFT

Advanced Aerodynamics&Structures, Inc., the Long Beach, Calif. company that's spent millions of dollars developing the Jetcruzer 500 aircraft, is abruptly changing course under the direction of new Chairman Roy H. Norris, who plans to focus on taking over Mooney Aircraft in Kerrville, Texas and...

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