Lisa Airplanes, the French developer of the Akoya amphibious light sport aircraft, is putting a positive spin on the news that it has entered into court-supervised receivership after desperately needed private funding failed to materialize last month.
In a statement, the company said it has been placed into receivership “to protect its future.” Lisa Airplanes entered into receivership on July 30 when investors failed to come forward with necessary financing to continue development of the $350,000 luxury light sport airplane.
