The March 13 announcement is an unveiling of a new aircraft. I’ve spoken with several sources, including one analyst who has tried out the seats destined for the new aircraft at a supplier. General Dynamics CEO Nicholas Chabraja was asked in November of last year at the Credit Suisse Aviation Week Aerospace Conference, “I think, people are interested in is your product development plans. Any further update there?”
Chabraja responded, “No, but you're going to hear from us in 2008. We'll have some announcements for you. We've kind of kept the veil on this long enough. I think, certainly, in the first half of 2008. We'll have to say something. Unlike some competitors, we don't talk about an airplane and then announce that we're going to go ahead with it. When we announce it, it's in the works, we've started to build it.”
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He who laughs last obviously has'nt heard the bad news.