 The design effort reached its logical conclusion with the Metro series of 19-seat airline aircraft, the first of which had its first flight on August 26, 1969.By this time the company was in financial difficulties and lacked the resources to proceed further, so the Metro did not enter production until Swearingen Aircraft was taken over by Fairchild in 1972.The company was then renamed the Swearingen Aviation Corporation with Ed Swearingen a 10% shareholder and chairman of the board of directors.