FOXJET ACQUIRED, HEADING FOR FLIGHTLINE

Tony Fox, the man whose vision conceived the Very Light Jet category, announced this week that he has sold Foxjet International to Millennium Aerospace Corporation of California.

“My dream is to see the Foxjet flying during my lifetime, and I decided it was time for me to pass the torch to a team with the time and resources to make that happen,” said Fox, who at 84 years still manages a multi-million dollar business conglomerate. He is an inventor with 96 patents to his credit, and owned a team of rocket-powered race cars that still holds a world speed record. “I’ve talked with fifty or sixty different prospective buyers recently, and I was convinced Millennium Aerospace has what it takes to get the Foxjet airborne. That’s the most important thing to me.

I found some old foxjet ads that are interesting along with the entire press release - I've archived them on BusinessJet.com for your future reference.