Low Altitude Adventures Adds Second ICON A5 to Membership Program
Massachusetts-based company manages aircraft maintenance, insurance and storage.
Low Altitude Adventures LLC, a New Bedford, Massachusetts-based company that operates a membership program for pilots, said it has acquired a second ICON A5 light sport aircraft. The move expands the company’s operations into New Hampshire and hints at potential future growth for its membership program.
Much of the program’s attraction stems from the expense of insuring amphibious aircraft like the ICON A5, which are designed essentially for having fun and visiting remote destinations.
Greg Bongiorno, co-owner of Low Altitude Adventures, said in a statement that the A5 is “a unique aircraft that has proven somewhat challenging to own based on insurance requirements.”
Low Altitude Adventures’ membership program includes the opportunity to train in water operations with ICON-authorized flight instructors. The company provides club members with 50 flying days of access to the A5 with unlimited hours for a flat-fee initial membership cost of $50,000 for a five-year term and annual dues of $25,000, which can be paid in monthly installments. The company also handles insurance, maintenance, and other less-enjoyable elements of aircraft ownership.
Adding the second A5—based in Laconia, New Hampshire—expands the company’s operating area to include the lakes of New Hampshire and Maine. The move also gives members access to more ocean locations and secluded beaches in southern New England.
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