AVOCET AIRCRAFT LLC
Avocet Aircraft LLC was formed in 2002 to develop a new-generation light jet. On 4 August 2003, Avocet and Israel Aircraft Industries signed an MoU leading to joint development and marketing of the Avocet ProJet, with the aim of IAI holding responsibility for design, development, certification and manufacture and Avocet handling marketing, customer relations, training, delivery and product support. Formal go-ahead for IAI to join the project was planned by mid-2004, following completion of a definition study.