Lisa Airplanes recently announced the company is resuming development of its Akoya LSA, a two-seat amphibian with foldable wings and retractable landing gear.
The project was put on hold last summer when the young French company entered receivership after much-needed funding failed to come through. Lisa Airplanes said it “coped with the observation period during receivership,” and has now emerged to begin work on the $400,000 LSA once again.