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07 November, 2018
Dornier Seawings has secured a €150 million ($172 million) investment from its Chinese shareholders,
which will be used to accelerate
development and production of the new-generation Seastar amphibian, the CD2.
The funds will also finance the construction of a new manufacturing facility at Dornier's headquarters in Wuxi, China, and
be used to expand its final assembly base in Oberpfaffenhofen, Germany.
Dornier launched the CD2 in February 2016, and rolled out the 12-passenger Pratt & Whitney Canada PT6A-135A-powered twin on 18 August 2017.
This milestone was reached more than 26 years after the original programme was mothballed due to financial problems
– despite securing US and European certification for the Seastar in 1991,
no aircraft were ever delivered.
https://www.flightglobal.com/news/artic ... io-453433/
has more.