{{other uses, AASI (disambiguation){{!AASI
AASI or Advanced Aerodynamics and Structures Inc (originally ASI, Aerodynamics and Structures Inc.) was an aircraft maker, headquartered in
Long Beach
Long Beach is a coastal city in southeastern Los Angeles County, California, United States. It is the list of United States cities by population, 44th-most populous city in the United States, with a population of 451,307 as of 2022. A charter ci ...
,
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
. The company was financed by US based Business Tycoon Late Hameed Hamza and co-owned by Darius Sharifzade and Huzefa H. to develop and manufacture a line of
business aircraft
Business aircraft are aircraft typically used by companies and corporations to transport people or goods related to the needs of said businesses. Most business aircraft are general aviation aircraft variants of piston or turboprop or busin ...
of unconventional configuration, the Jetcruzer.
But the Jetcruzer program was later hampered by a lengthy development and although the prototype version (the 450) had flown as early as
1989
1989 was a turning point in political history with the "Revolutions of 1989" which ended communism in Eastern Bloc of Europe, starting in Poland and Hungary, with experiments in power-sharing coming to a head with the opening of the Berlin W ...
, by
2002
The effects of the September 11 attacks of the previous year had a significant impact on the affairs of 2002. The war on terror was a major political focus. Without settled international law, several nations engaged in anti-terror operation ...
AASI still did not have Jetcruzer in production. That year AASI acquired the assets of the
Mooney Aircraft Company
The Mooney International Corporation (formerly Mooney Aviation Company, Inc. and the Mooney Aircraft Company) is an American aircraft manufacturer based in Kerrville, Texas, United States. It manufactures single-engined piston-powered general ...
and changed its name to the Mooney Aerospace Group (MASG).
Shortly thereafter, MASG suspended development of the Jetcruzer to focus on Mooney's line of light aircraft. The Jetcruzer assets were put up for auction in November
2003
2003 was designated by the United Nations as the International Year of Fresh water, Freshwater.
In 2003, a Multi-National Force – Iraq, United States-led coalition 2003 invasion of Iraq, invaded Iraq, starting the Iraq War.
Demographic ...
and sold to Innova Aircraft.
This was not enough to save the company and in
2004
2004 was designated as an International Year of Rice by the United Nations, and the International Year to Commemorate the Struggle Against Slavery and Its Abolition (by UNESCO).
Events January
* January 3 – Flash Airlines Flight 60 ...