Here’s the backdrop of today’s update on the LSA seaplane sector as summer approaches.
According to Law360, an online legal news source, “Light-Sport Aircraft manufacturer Icon Aircraft filed for Chapter 11 protection in Delaware bankruptcy court with more than $170 million in debt and plans for an asset sale and liquidation.” You may have read (here) that Icon got an initial offer of $13.5 million. As an industry contact told me for the earlier report, “That would hardly make a dent in their liabilities.” The person was right, it appears. A proposed new buyer referenced in the earlier article agreed to take on Icon’s debt but the sales must still go through an auction process, I was told.
OK, let’s come back to Earth… or water perhaps …or either. Aero Adventure continues to fly as it has for three decades (though management has changed at least three times over the period).
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Looking Back to See Ahead — Dan Johnson Recalls the Beginning of the LSA Movement
As we move toward MOSAIC as a new reality in the Light Sport/Sport Pilot world, it’s worth knowing how we got here. MOSAIC does, after all, leverage right off of the success of the LSA category. In this casual conversation, I chat with Dan Johnson about the early days of LSA and get some questions answered on how some decisions came to be made.
Reorganization Approved: Van’s Emerges From Chapter 11
While the world of LSAs is diverse enough that the trials of Van’s Aircraft, which put itself into Chapter 11 bankruptcy protection late last year, aren’t quite the foundational matters they are among the homebuilt crowd, the fact that Van’s is represented with the popular RV-12 and companies that support it are also part of the LSA ecosystem suggests more than a little spillover. In the background, Van’s has been working hard to reset its business and emerge from Chapter 11. And on May 15 the company received good news in the form of an Oregon judge approving the company’s reorganization plan. While it seemed unlikely, there was always the possibility that the court would reject or modify the company’s proposal.
In the proposal, Van’s has agreed to repay unsecured creditors 55% of the money they’re owed over three years on top of an “immediate” repayment of $3350 for those in the unsecured creditor class.
Summer’s Almost Here! State-of-the-Sector Report for LSA Seaplanes
One of the most active sectors in light aviation is LSA seaplanes. We’ve seen ups and downs, arrivals and departures of LSA seaplane producers. Admittedly, these flying machines are more complex than current-day LSA. For example, amphibs need retractable landing gear and substantial boat hulls able to take water loads.
LSA seaplanes constitute a highly fluid market yet we can see clues suggesting what might be ahead for some of the main brands. With summertime approaching, this State-of-the-Sector article attempts to keep up with the rapidly changing landscape (or waterscape).
We’ll first look at two high-end entries that have been in the news and conclude with present LSA seaplanes and their status in the market.
Vickers Wave
Writing for AVweb (part of Firecrown, which also owns Flying and ByDanJohnson.com plus several other publications), my fellow aviation journalist Russ Niles stated, “New Zealand-based Vickers Aircraft Company says it intends to make its first delivery of the Wave two-place amphibious aircraft to a U.S.
Risen Group Plans Transatlantic Flight to OSH
You’ve heard of the Risen, Alberto Porto’s sleek, fast retractable that makes the most of its Rotax 912 power. With more than 180 mph on tap with the 912 iS, the Risen seems the perfect two-person traveling machine. It’s also one, like the Sparker, that would fit well into the new MOSAIC rules.
Well, Porto and Andrea Venturini are going to find out just how well it travels this summer. They’ve announced a “unique, record breaking flight across the Atlantic Ocean.” Only this Risen will be using the latest Rotax 916 iS, the turbocharged, 160-hp engine so many airframers are now fitting in place of the 915 iS.
For Porto and Venturini, “the plan is to cover 3200 kms or about 2000 statute miles across the Atlantic Ocean with a fuel consumption of just over 50 gallons of fuel at speeds up to 230 mph.
AERO Wrapup: Dave Unwin Concludes His Coverage of AERO Friedrichshafen 2024
With my feet failing fast, and the lederhosen beginning to chafe in a most disagreeable fashion, I viewed the end of AERO 2024 with mixed emotions. My legs said enough is enough, but my head, heart and eyes still wanted more—because what a show it was! From replica rocket-powered fighters to jet packs, LSAs fitted with turbines and paramotors for paraplegics and finally to biplane pusher SSDRs, it was a fabulous event.
The AERO team produced a show that they could justifiably be proud of for the 30th anniversary, and although the weather was unseasonably cool, the action in the halls was as hot as ever, and with more than 270 aircraft in the exhibition halls and in the static display, show-goers were not short of mouth-watering machines to tempt their wallets.
Among the aircraft debuting at the show were the electric DA40 aircraft from Diamond Aircraft in Austria, two electric aircraft and a hydrogen powered one from China and the Integral E from French manufacturer Aura Aero.
Day 2 at AERO: The Show Gets Busier and So Does Our Correspondent!
Day Two of AERO at Friedrichshafen, and after a slow start footfall-wise yesterday there were considerably more visitors thronging the massive Messe today.
Aura Aircraft
The day started with a visit to the Aura Aircraft press conference, where the French airframer announced that it was signing a deal with the Deutsch aeroclub to use its Integra E electric two-seater as a glider tow plane. As a very experienced tug pilot and having been Tug Master at two different gliding clubs. I found this initiative both extremely interesting and very exciting. Noise and pollution are two very hot topics in Germany—and indeed most of Europe, and while all the gliding clubs are keen to promote the sport as being both green and sustainable, critics will always point to the noisy, gas guzzling Piper Pawnees and Robin DR400s and observe that it isn’t as green as they claim.
This initiative is certainly very laudable and could have significant implications for the gliding community.
A First Look at Sun ‘n Fun — LSA, We Got ‘em!
Editor’s Note: Here again let’s take a quick look at some of the LSAs we’ve seen so far at Sun ‘n Fun and welcome Mark Timney to our contributors for this show.
The first-day crowd at Sun ‘n Fun 2024’s Paradise City was a little smaller than usual according to long-time attendees, but what the event’s light sport area might have lacked in numbers it made up for in aircraft evolution.
Of particular note: A sleek, new low wing from Italy’s CFM Aviation that could set the bar for tomorrow’s MLSAs; Magni Gyro’s long awaited M26 Victor; and, a speedy new ultralight flexwing from FlyLight called the ‘Nine. ‘
The hustle and bustle of opening day prevents a detailed report on these aircraft at this time… only an entry-level tease of what Sun ‘n Fun is offering up this year.
The Nine trike, which Great Britain’s Flylight sells through Blue Collar Aviation (BCA) in the US, is distinguished by its 56 mph hands-off cruise speed.
Light Sport Accidents — How Do The Categories Compare?
Editor’s Note: This two-part short series is the handiwork of Ron Wanttaja, who has been tracking accident and registration data for Experimental aircraft for decades. Here, he looks at both the fleet size and accident rates among the various LSA categories. Looking ahead, the next installment will dig deep into how LSAs fare against more common certified trainers.
It’s been almost 20 years since the FAA implemented the Light Sport Aircraft category. While the planes might appear similar to traditional Experimental/Amateur-Built (E/A-B) aircraft, there are significant differences in how they are designed, constructed, maintained and operated.
Light Sports have had a major impact on flying in the U.S., even if their numbers are still relatively few. Without Light Sport (and the accompanying Sport Pilot program), the FAA would have lacked data to justify the simplification of pilot medicals known as BasicMed. Light Sport’s proven safety led to the MOSAIC program, featuring a major relaxation of the limits of what can be flown without an FAA medical.
Who Is This Guy, Anyway? Please Welcome, Marc Cook!
You’re probably wondering about this raspy old voice appearing on the ByDanJohnson site. Who are you and what have you done with Dan? Part of that you already know.
Dan sold this site to what was then the Flying Media Group, owned by Craig Fuller, an LSA owner himself. Since adding a bunch of marine titles from Bonnier, the overarching company is now known as Firecrown, but the aviation side is still a big part of the portfolio, including FLYING, Plane & Pilot and KITPLANES (among many others). ByDanJohnson, when it becomes Affordable Aviation, will fit like the perfect puzzle piece into the group
Speaking of KITPLANES, that’s where I come from. In fact, Dan and I have history—the good kind—as he wrote about the then-nascent LSA category for KP back when all this got started. We felt it was important to get smart about the segment since it would intersect with Experimental aircraft.
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