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Re: Lancair (certified) throws in the towel

Subject: Re: Lancair (certified) throws in the towel
From: Chris Beck <n9zes@execpc.com>
Date: Thu, 26 Sep 2002 12:35:05
That's really a shame.  The planes were really cutting edge and very 
sweet.  One of the engineers I went to school with went to work for 
Lancair at the beginning of the Certified line of planes.  I wonder if 
he still works there...

Anyone got a spare $25M???  Oregon is a beautiful state to live...

Chris

> 
> This isn't an Europa subject, but interesting nevertheless -
> 
> The Sept. 24th Oregonian reported that the certified division
> of Lancair is up for sale.  The company has had no luck in
> finding $25M funding for production rampup for over a year,
> and laid off 80% of its staff early this year.  No word on the
> fate of an estimated 100 aircraft order list for the Columbia
> family of planes.
> 
> The original division of the company that makes kitplanes is
> doing fine and is finanically and organizationally independent
> of the certified division.
> 
> Cirrus was lucky in being able to secure substantial production
> funding last summer.
> 
> Shaun
> A207
> The Europa Forum is supported by Aviators Network UK 
<info@avnet.co.uk>
> 



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