Aero-News article on Icon A5 purchase contract

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).

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Re: Aero-News article on Icon A5 purchase contract

Postby drseti » Fri May 06, 2016 4:59 pm

More hype from Hawkins in this article:

http://www.fastcompany.com/3059485/test-flying-the-icon-a5-a-revolutionary-new-plane-for-amateur-pilots/1

Interesting that the reporter seem to think that SLSA stands for Sea Light Sport Airplane!
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Re: Aero-News article on Icon A5 purchase contract

Postby Flocker » Fri May 06, 2016 5:02 pm

drseti wrote:Interesting that the reporter seem to think that SLSA stands for Sea Light Sport Airplane!


I thought the same thing when I read it this morning.

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Re: Aero-News article on Icon A5 purchase contract

Postby drseti » Fri May 06, 2016 5:15 pm

The article says he has $450 Million in pre-orders. I wonder how many millions in cancelled orders?
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
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Re: Aero-News article on Icon A5 purchase contract

Postby MackAttack » Sun May 08, 2016 9:34 am

I will be very curious to see when this admittedly cool airplane with an equally admittedly terrible purchase contract actually starts deliveries in volume, and who the buyers wind up being. Hopefully many will join this forum. But I expect to hear a lot of complaints about trouble selling used Icons ...

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Re: Aero-News article on Icon A5 purchase contract

Postby Wm.Ince » Sun May 08, 2016 10:08 am

No way.
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Re: Aero-News article on Icon A5 purchase contract

Postby Jim Stewart » Sun May 08, 2016 6:51 pm

With some quick googling, it looks like it only takes a 10 page contract to buy a shiny new B737.
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Re: Aero-News article on Icon A5 purchase contract

Postby MrMorden » Mon May 09, 2016 12:02 pm

drseti wrote:The article says he has $450 Million in pre-orders. I wonder how many millions in cancelled orders?


Number on order: approx. 180 (given $250k each and $450M order book)

Number delivered: 0

Icon pre-order customer:

Image
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Re: Aero-News article on Icon A5 purchase contract

Postby SportPilot » Mon May 09, 2016 12:14 pm

.......
Last edited by SportPilot on Tue May 10, 2016 4:52 pm, edited 1 time in total.

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Re: Aero-News article on Icon A5 purchase contract

Postby roger lee » Mon May 09, 2016 8:53 pm

Hi Andy,

Give me a call. I have some inside info for you.
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Re: Aero-News article on Icon A5 purchase contract

Postby Cluemeister » Tue May 10, 2016 5:09 am

MrMorden wrote:Number delivered: 0

Icon pre-order customer:


The sad thing is when you find an old internet forum post with a customer saying "I've got an Icon on order, but it won't ship until 2012."

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Re: Aero-News article on Icon A5 purchase contract

Postby MrMorden » Tue May 10, 2016 7:33 am

roger lee wrote:Hi Andy,

Give me a call. I have some inside info for you.


Just saw this. Wilco, as soon as the sun is up to a reasonable height over your timezone. :)
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Re: Aero-News article on Icon A5 purchase contract

Postby MrMorden » Tue May 10, 2016 7:36 am

Cluemeister wrote:
MrMorden wrote:Number delivered: 0

Icon pre-order customer:


The sad thing is when you find an old internet forum post with a customer saying "I've got an Icon on order, but it won't ship until 2012."


Yeah, ouch.

You have to hand it to Icon marketing though. They keep customers on the hook for years, never delivering anything, for a product they claim is revolutionary, yet has no feature that doesn't exist on other airplanes. And their purchase agreement is really a glorified lease, yet some will sign it anyway. Amazing!
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Re: Aero-News article on Icon A5 purchase contract

Postby FastEddieB » Tue May 10, 2016 7:52 am

For perspective, Cirrus started taking deposits on their jet in 2006.

I don't recall anyone projecting a 10+ year wait.

Hard to know if the Icon A5 is just taking longer than expected, or is more like the Eclipse in that the company needs to fail in order for someone to pick up the pieces and have a real go at it.

Or maybe it's like the Elio, promising deliveries "next year" for almost a decade!
Last edited by FastEddieB on Tue May 10, 2016 8:47 am, edited 1 time in total.
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Re: Aero-News article on Icon A5 purchase contract

Postby Cluemeister » Tue May 10, 2016 8:34 am

FastEddieB wrote:For perspective, Cirrus started taking deposits on their jet in 2006.

I don't recall anyone projection a 10+ year wait.


I hate to sound like a Cirrus apologist, but developing a brand new jet category with a chute that's also Part 23 certified as compared to a floatplane SLSA is a little different.

What makes it worse is the nonstop marketing machine (combined with no deliveries) that leads one to think it's all hat and no cattle. :)


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