XTI Aircraft Company representatives expressed their deep sorrow after the loss of the company's Vice Chairman Jeff Pino, who died in a plane crash Feb. 5 near Phoenix.
XTI founder and Chairman David Brody said the board has named XTI board member Charlie Johnson as interim CEO to oversee the continued development of the TriFan 600.
Johnson, the former president and COO of Cessna Aircraft Company, has a long record in aviation management, strategy, operations and production. Joining Cessna in 1979, he rose through the ranks, serving in a range of positions from manager of production flight test and eventually to VP of aircraft completion and product support, SVP of operations and executive VP of operations, leading development, certifications and product support of new airplanes.
"We want to assure everyone that XTI is not changing or delaying its technical development plans," said Johnson. "As we mourn the loss of Jeff and address the needs of the organization, we remain totally committed to the program."
Brody said the company is continuing to accept investments as it moves toward closing the first round of its successful equity crowdfunding campaign. These funds will support development of the revolutionary new TriFan 600 aircraft, which combines the speed, range and comfort of a business jet with the ability to take off and land like a helicopter.
Photo courtesy of XTI Aircraft Company