Ever want to own an aircraft company? Revo Inc. just might be your opportunity now that they’ve placed the assets of Kissimmee Florida-based Lake Aircraft up for sale. Lake Aircraft has been building single-engine amphibious aircraft in the U.S. since the late 1950s, with more than 1,300 aircraft flying in over 50 countries.
Lake Aircraft Assets Up For Sale
Key Takeaways:
- Revo Inc. is selling the complete assets of Lake Aircraft, a manufacturer of single-engine amphibious planes since the late 1950s, including all intellectual property, manufacturing equipment, and the essential FAA Type Certificate.
- Owner Armand Rivard, 84, is retiring and sees this as a rare opportunity to quickly restart production for a successful line of aircraft, noting current demand but a lack of manufacturing capability.
- Rivard expresses a preference for a domestic buyer, citing previous negative experiences with foreign investors, including a collapsed deal due to Chinese capital outflow restrictions and an instance of reverse engineering.
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