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 off from Lancair International to focus exclusively on the pressurized Lancair Evolution turbine and piston airplanes.
- Lancair International's traditional light experimental kit business, including support for over 2,000 existing kits, is being liquidated and put up for sale due to declining sales and competition.
- Despite the liquidation, Lancair's director of business development, Kevin Eldredge, committed to continuing support for the existing fleet until a buyer for the assets is found.
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