By: J.S., STA
Slovenian maker of ultralight aircraft Pipistrel signed an aircraft manufacturing agreement with Hungary’s Genevation Aircraft on the manufacture, marketing and provision of after-sales support for select markets, a deal the company says is worth in excess of EUR 100 million over ten years.
The agreement involves the final assembly of Pipistrel SW 121 family aircraft for select domestic and international markets, and cooperation in the development of opportunities and production of advanced composite structures, aircraft components, special mission programs and zero emission aircraft.