A symptom of what ails the LSA Industry

Talk about airplanes! At last count, there are 39 (and growing) FAA certificated S-LSA (special light sport aircraft). These are factory-built ready to fly airplanes. If you can't afford a factory-built LSA, consider buying an E-LSA kit (experimental LSA - up to 99% complete).

Moderator: drseti

Post Reply
c162pilot
Posts: 183
Joined: Fri Aug 05, 2011 2:40 pm
Location: New York - HPN

A symptom of what ails the LSA Industry

Post by c162pilot »

I saw this article on Dan Johnson's website last night about SAM Aircraft. I have seen the owner of the company, Thierry Zibi, standing proudly by his plane for the last two years, at Sport Expo, Sun 'n Fun and most recently Oshkosh, wondering who will ever buy it. Now he has put the company up for sale "and you'll have a ready-to-go operation, for dimes on the development dollar".

I believe that this industry needs a few manufacturers producing 100+ planes a year and not the plethora of manufacturers with the 136 distinct models being touted by Dan Johnson, some only producing five or six examples a year.

I feel bad for Thierry, he was so passionate about his product, I hate to think how much of his own money he invested in the project. Is the industry to blame for letting him get this far?

We have been talking for many years on this board about the expected and pending shakeout in the LSA industry but it still has not transpired. To me this seems more like the game of Whac-A-Mole http://en.wikipedia.org/wiki/Whac-A-Mole than a buisness. The SAM will disappear into the sunset and some other creation will appear at next year Sport Expo to take it place.

I suppose we should be grateful that many people still see LSA as a sector that they they want to invest in, take MVP.AERO as an example.

Image
Hey, buddy, wanna buy an airplane company? Thierry Zibi, proprietor of SAM Aircraft, has put his company up for sale. This decision comes only a year and a half after the first flight of the prototype Sam aircraft. I flew and reported on this tandem seating all-metal airplane. Several other reporters flew the Sam LS and reviews were favorable. Some have likened the design, which Zibi spent years developing, to a Light-Sport version of a early military fighter or trainer modeled somewhat after the Ryan STA. It was done with a style that is uncommon among aircraft designers. An attention-getting image (photo) released just before AirVenture Oshkosh 2014 shows the innards of the airplane appliquéd to the fuselage exterior. Like the logo, nose art, and other aspects of the design, the effect is one reminiscent of art deco, an art fashion of the 1920s, '30s and '40s. After all the work of creating a new design, why would the entrepreneur behind it put the company on the blocks?

Like many before him — in and outside of aviation — Zibi realized that his interest dissipated once the "fun" part was over and the work truly began. "I came to the realization that I love designing airplanes, but I am not so keen on running a production company," said Zibi. It may be the right time for a business manager type to take the reins. Sam Aircraft has flown a full test regimen, which the company said, "has shown it to be spin-proof at both full-forward and full-aft center of gravity." Canadian certification has been awarded under the country's Advanced Ultralight regulation and proof to demonstrate compliance to ASTM industry consensus standards has been "completely documented, awaiting only another production example," added Thierry. He observed that tooling and fixtures are done, production has already started, and orders are in the books.
"Come to Lachute, Quebec," Thierry invited, "and see the LS aircraft, the factory, and everything that is part of the Sam Aircraft legacy. See what convinced our customers to put down their deposits, and you'll have a ready-to-go operation, for dimes on the development dollar, or a tested, ready-to-deliver design to add to [your] existing line."
CTLSi
Posts: 783
Joined: Thu Jun 27, 2013 7:38 pm

Re: A symptom of what ails the LSA Industry

Post by CTLSi »

......
Post Reply