Flight Design, the European manufacturer of light sport airplanes, has completed the sale of all major company assets to the German investment group Lift Holding, allowing for the resumption of work on the C4, a Part 23-certified four-seater with a projected selling price of $250,000.
Light Airplane Maker Flight Design Under New Ownership
Key Takeaways:
- Flight Design, a light sport airplane manufacturer, has been acquired by German investment group Lift Holding and rebranded as Flight Design General Aviation GmbH, now headquartered near Eisenach, Germany.
- The acquisition allows Flight Design to resume work on its C4 four-seater aircraft, which had been halted due to the company's previous financial difficulties and receivership.
- Lift Holding aims to leverage Flight Design's expertise to re-establish it as a market leader and will combine it with another recently acquired aviation asset, gyrocopter producer Rotorvox, at the new facility.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
