At EAA AirVenture this week, Lancair International’s director of business development, Kevin Eldredge, announced major changes for the iconic experimental airplane brand. With the emergence of the four-seat pressurized Lancair Evolution turbine and piston airplanes, a new corporation called Evolution Aircraft is splitting off from the parent company. Evolution Aircraft will focus solely on the pressurized single-engine airplane models. Meanwhile, the light kit portion of Lancair is for sale.
Evolution Aircraft Emerges as Lancair Assets Offered for Sale
Key Takeaways:
- Evolution Aircraft is splitting from Lancair International to focus solely on the pressurized single-engine Evolution turbine and piston airplane models.
- The original Lancair International is being liquidated, and its light experimental kit assets, along with support for over 2,000 existing kits, are for sale.
- This restructuring is driven by the distinct market and build process of the Evolution models, alongside declining sales and increased competition for Lancair's legacy kit products.
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