Reacting to a public backlash that erupted after Icon Aircraft began circulating a 40-page purchase agreement that the company asked buyers of the A5 light sport amphibian to sign before they took delivery of their new airplanes, the California manufacturer has replaced the contract with a far simpler document that removes nearly all of the most onerous requirements contained in the original. Icon also announced a major reduction in production for 2016, from 175 airplanes originally scheduled to roll out of the factory to 20.
Icon Throws Out Controversial Purchase Agreement
Key Takeaways:
- Icon Aircraft replaced its controversial 40-page A5 purchase agreement with a simpler 11-page document, removing restrictive clauses like the 30-year life limit and mandatory cockpit recorders, after a public backlash.
- The revised contract retains requirements such as liability waivers, factory-approved maintenance, flight data recorders, and mandatory factory training for subsequent owners.
- Simultaneously, Icon drastically cut its 2016 A5 production schedule from 175 to 20 aircraft, citing an overly aggressive plan and the need to improve manufacturability and quality.
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