ICON Wraps 2022 with Milestones, Year-End Deliveries

The OEM noted supply chain challenges but an upbeat outlook for type certification and 2023 orders.

Wednesday, December 21, 2022 at 11:29 AM ET

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ICON continues to scale up its production and delivery capacity in anticipation of Part 23 certification by the end of Q1 2023. [Courtesy: ICON Aircraft]

Key Takeaways:

ICON Aircraft expanded its outreach in 2022, offering over 400 demo flights, and anticipates receiving Part 23 type certification by the end of Q1 2023, which will facilitate international expansion for its 165-aircraft A5 fleet.
Despite missing its 2022 delivery target with 35 A5s due to supply chain issues, the company is optimistic for 2023, aiming to deliver 55-60 aircraft with a backlog extending through June.
In 2022, ICON focused on optimizing production, controlling costs, and is now evaluating a global capital raise to accelerate product development and enhance marketability.

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Like general aviation manufacturers across the spectrum, ICON Aircraft notched quite a few milestones in 2022—including appearances in both GA standbys like Sun n Fun and EAA AirVenture—where it debuted its enclosed trailer option—but also the Detroit Auto Show, where it hoped to entice new folks to general aviation. All in all, ICON figures it has given more than 400 flights to prospective owners over the course of 2022, more than one a day.

With a fleet totaling 165 in the field—and on the water and in the air—ICON reports that the A5 has notched more than 30,000 hours. Part 23 type certification lies just over the horizon, by its estimates, and that date looks to be hitting around the end of Q1 2023. With the TC in hand, the company can expand its international footprint, and it’s in the hunt for sales partners to make that happen.