Otto to Build Fuel-Saving Bizjet Manufacturing Hub in 2028

Otto is planning a significant expansion of its aircraft manufacturing operations by establishing a fuel-saving bizjet production hub slated for completion in 2028. This ambitious project will initially focus on certifying and delivering the Phantom 3500, anticipated to occur approximately ten years from now. The company’s long-term strategy involves producing around 1,600 of these jets within the subsequent decade. Otto intends to leverage this new facility to significantly increase its output capacity. These plans represent a substantial investment aimed at meeting growing demand within the business aviation sector.