Stratos Aircraft is now accepting deposits for the Stratos 714 Very Light Personal Jet. Stratos is also launching the Assurance Deposit Program as an incentive to attract early buyers who want to reserve their purchase position. This program assures buyers that their deposits will be held in escrow, and can be refunded at any time.
Stratos Aircraft established this program to avoid the missteps of some aircraft manufacturers, that have-in some cases-caused customers to lose their deposits. The Assurance Deposit Program is designed to hold deposit funds in interest-bearing escrow accounts at Wells Fargo Bank where the funds remain secure until applied to a progress payment that is made after a formal aircraft purchase agreement has been signed.