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:
- Light sport airplane manufacturer Flight Design has been acquired by German investment group Lift Holding, allowing for the resumption of work on its C4 four-seater aircraft.
- The newly rebranded company, Flight Design General Aviation GmbH, will be based at a new facility near Eisenach, Germany, following its previous financial difficulties and receivership.
- The new management aims to restore Flight Design as a market leader by increasing engineering staff and optimizing customer experience, integrating it with Lift Holding's other aviation assets.
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