This should start a lively debate!
http://www.aero-news.net/index.cfm?do=m ... be3c73fbdd
Aero-News article on Icon A5 purchase contract
Moderator: drseti
- FastEddieB
- Posts: 2880
- Joined: Wed Jan 07, 2009 9:33 pm
- Location: Lenoir City, TN/Mineral Bluff, GA
Re: Aero-News article on Icon A5 purchase contract
If I were a position holder (I'm not, nor am I the target demographic), I think I would balk at that purchase agreement.
I started a thread on the topic over on COPA, where there are at least a few attorneys. I'll keep you apprised of their general take if they choose to post.
The lack of real deliveries in spite of their announcements and PR Is also disconcerting after all this time.
I wish them the best, but none of this bodes well for them.
I started a thread on the topic over on COPA, where there are at least a few attorneys. I'll keep you apprised of their general take if they choose to post.
The lack of real deliveries in spite of their announcements and PR Is also disconcerting after all this time.
I wish them the best, but none of this bodes well for them.
Re: Aero-News article on Icon A5 purchase contract
Ugh...just awful. Control freaks.
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Re: Aero-News article on Icon A5 purchase contract
Just two words.
No way.
No way.
Bill Ince
LSRI
Retired Heavy Equipment Operator
LSRI
Retired Heavy Equipment Operator
Re: Aero-News article on Icon A5 purchase contract
I want my deposit back!
Oh, wait... I never put down a deposit. Because of s#!t like this!
Oh, wait... I never put down a deposit. Because of s#!t like this!
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
SportPilotExaminer.US
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
SportPilotExaminer.US
Re: Aero-News article on Icon A5 purchase contract
I can't wait to pay $250k for an airplane with a data/video recorder that spies on me for the manufacturer, and has a 20 year life limit on the airframe. One I can't even sell without both paying a $2k fee to Icon, AND finding somebody as dumb as me to agree to the same rules. But at least I can't take the airplane E-LSA to get around any of this, either.
SIGN ME UP!
SIGN ME UP!
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Re: Aero-News article on Icon A5 purchase contract
Ah, but at least your money will go to good capitalist Silicon Valley tycoons, and not those slimy Eastern European furriners!
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
SportPilotExaminer.US
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
SportPilotExaminer.US
Re: Aero-News article on Icon A5 purchase contract
According to W. C. Fields, there is a sucker (customer) born every day.. Sure they will find some to purchase there wares... Just not in the intelligent world. Did they move their headquarters to Moscow? Price in Rubles? Contract, blood sample, DNA test? And a limited airframe life to boot? What a deal..... Don
- FastEddieB
- Posts: 2880
- Joined: Wed Jan 07, 2009 9:33 pm
- Location: Lenoir City, TN/Mineral Bluff, GA
Re: Aero-News article on Icon A5 purchase contract
P.T. Barnum?
Re: Aero-News article on Icon A5 purchase contract
Unfortunately, the ICON deal is over control of the customer’s use of an expensive investment. My Moscow comments were based on the Russian governments over control of the leased AN-124 Condors. In my past career, I dealt with many foreign countries who leased Condors to move freight (military) to the US Bases. The Russian lease restrictions required and stipulated that “All maintenance work must be performed at their Ukraine maintenance facility”. Any mechanical problem from a blown engine, hydraulic failure, electrical failure, avionics failure, or such required the leasee to ferry the Condor to the Ukraine. ICON’s over control will lose clients as there are other options for seaplanes without data recorders, etc.
Last edited by snaproll on Wed Mar 30, 2016 11:39 pm, edited 1 time in total.
Re: Aero-News article on Icon A5 purchase contract
I was just down at our local FBO, and looking through the new issue of CONTROLLER I noticed two ads for sale, ICON A5s. One wants $45,000, alleging delivery later this year, the other just says "call for price". I guess these were pre-sales, with delivery to occur sometime in the future, and these folks want someone to buy out their commitment. Gee - I wonder why?
Re: Aero-News article on Icon A5 purchase contract
Another link to the story here: http://www.aopa.org/News-and-Video/All- ... c_sect=tts
Data and video recorders with live feeds to Icon? Really?!
Data and video recorders with live feeds to Icon? Really?!
Last edited by Flocker on Fri Apr 01, 2016 11:49 am, edited 1 time in total.
Aviation Real Estate Broker
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Re: Aero-News article on Icon A5 purchase contract
There's now an extensive news story, done by AOPA and reflecting the views of all sides about this (bizarre) purchase contract, which you can find here:
http://www.aopa.org/News-and-Video/All- ... c_sect=tts
Did I hear someone report this company was founded by at least one principal owner who's a marketing whiz? You gotta give those folks credit, they've got the spin on this all worked out in much the way they've effectively managed the nature of the conversation about the Icon all along. In part, they represent the 17 page contract, with provisions never seen before, as protecting the owner by making him/her a safer pilot. (Watch out for some whiplash when reading some of their carefully crafted logic). The above article is thorough, I thought, and does take a bit of time to read...but for those who've been entertained by the Icon saga to date, it's a worthwhile read.
Eddie forgot the tagline: It isn't just that they remind some of us of P. T. Barnum, but that a sucker is born every minute.
http://www.aopa.org/News-and-Video/All- ... c_sect=tts
Did I hear someone report this company was founded by at least one principal owner who's a marketing whiz? You gotta give those folks credit, they've got the spin on this all worked out in much the way they've effectively managed the nature of the conversation about the Icon all along. In part, they represent the 17 page contract, with provisions never seen before, as protecting the owner by making him/her a safer pilot. (Watch out for some whiplash when reading some of their carefully crafted logic). The above article is thorough, I thought, and does take a bit of time to read...but for those who've been entertained by the Icon saga to date, it's a worthwhile read.
Eddie forgot the tagline: It isn't just that they remind some of us of P. T. Barnum, but that a sucker is born every minute.
Jack
Flying in/out KBZN, Bozeman MT in a Grumman Tiger
Do you fly for recreational purposes? Please visit http://www.theraf.org
Flying in/out KBZN, Bozeman MT in a Grumman Tiger
Do you fly for recreational purposes? Please visit http://www.theraf.org
Re: Aero-News article on Icon A5 purchase contract
Wow, that article makes it look even worse and paints CEO Hawkins as a total jackass. The following quote:
“I have no interest in running a business that’s barely trying to get by and pander to customers,” Hawkins said,
might as well read:
"I'm in this for the money and don't give a good goddamn what the customers think," Hawkins said.
“I have no interest in running a business that’s barely trying to get by and pander to customers,” Hawkins said,
might as well read:
"I'm in this for the money and don't give a good goddamn what the customers think," Hawkins said.
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA