The firm sought to produce the Jet Squalus on a commercial basis upon the completion of development; considerable backing was provided by the Belgian government.

Several agreements and partnerships were announced with organisations such as the Belgian flag carrier Sabena, Portugal's Oficinas Gerais de Material Aeronautico (OGMA), the Canadian province of Saskatchewan and even the Russian aircraft manufacturer Mikoyan.

Additional private sponsorship was reportedly secured for the project; this led to the formation of Promavia SA by a consortium that included Aspair, SONACA, Sonegal, Prominvest, the Societe Generale and BBL banks, and two prominent Belgian industrialists.

[1] In terms of its basic configuration, the Jet Squalus was a cantilever low-wing monoplane with a single swept vertical fin and straight horizontal stabilizers.

[1] The Jet Squalus was originally powered by a single Garrett TFE109 turbofan; air was fed to the engine via intakes located above the wing root.

[1] Following the demise of the similar American Fairchild T-46 trainer in 1986, the support for the aircraft's original engine disappeared, which motivated plans to re-engine the Jet Squalus with the Williams-Rolls FJ44 in its place.

[3] Promavia was keen to explore opportunities for the Jey Squalus on the commercial market; during 1989, an agreement with the Belgian flag carrier Sabena was announced under which the airline was to acquire an undisclosed number of the aircraft.

[1] That sane year, Promavia announced a production agreement with Portugal's Oficinas Gerais de Material Aeronautico (OGMA) for 100 Jet Squalus trainers, 30 of which were envisioned to be delivered to the Portuguese Air Force.

[1] In August 1991, Promavia and the Canadian province of Saskatchewan’s government formed an agreement for the final assembly of the Jet Squalus in Saskatoon, which included the establishment of a pilot training academy.