Some of the 1,800 pilots and potential pilots who have put in their deposits to hold a position for an Icon A5 amphibious LSA may have had their dreams shattered this week as the company announced a dramatic price increase. The price went up by nearly 30 percent over the last quoted base price, from $207,000 in 2016 to $269,000 in 2018 dollars. When the airplane was first announced in 2008, the estimated price was $139,000.
Icon Inflates Purchase Price
Key Takeaways:
- Icon A5 announced a significant price increase for its amphibious LSA, with the 2018 fully loaded models costing up to $389,000, leading to expected customer cancellations.
- Existing deposit holders can opt for a full refund, delay delivery for base models (not available until 2019), or utilize new financing, leasing, and shared ownership programs.
- The 2018 A5 model incorporates numerous improvements based on feedback from earlier production aircraft, and Icon is offering additional incentives like accessory credits and demo flights to customers.
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