ICON Aircraft Sale 'Completed' | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

Thu, Aug 08, 2024

ICON Aircraft Sale 'Completed'

SG Investment America Acquires Assets, Future Looks Murky

ICON Aircraft has successfully completed the sale of essentially all its assets to investment banking group SG Investment America (which apparently/ultimately is derived from Chinese ownership), who will continue to operate the company (for now) under the name ICON Aircraft.

Jason Huang will lead the company through the transition after joining ICON as President in 2020. Huang expressed enthusiasm for the company’s future, saying, “I am thrilled to be guiding ICON Aircraft into its next phase of growth and development. Our focus will be on ensuring a smooth transition and capitalizing on new opportunities that will drive the company forward. The future holds great promise for ICON, and I am excited to see what we can achieve together.”

Jerry Meyer, outgoing CEO, claimed to be grateful for his service at ICON and wished the company well as he handed over the reins, saying, “It has been an incredible honor to lead ICON Aircraft and work with the brightest and most passionate group of people I’ve ever had the pleasure of knowing. I want to extend my deepest appreciation to every team member for their dedication and hard work. I wish them and the company nothing but success in this exciting new chapter.”

ICON Aircraft's future seems fairly uncertain... and while the new owners claim to be interested in operating the firm, as is, there is great concern that the whole program will eventually be absorbed into China and be diminished. In the meantime; they claim that flight training and service operations will continue at its Tampa, Florida, and Vacaville, California service centers.

FMI: www.iconaircraft.com

 


Advertisement

More News

NTSB Final Report: Aviat A1

Airplane Bounced About 3 Ft Then Touched Back Down And Then, With No Brakes Applied, The Airplane Began Veering To The Left Analysis: The pilot entered the airport traffic pattern >[...]

ANN's Daily Aero-Linx (07.08.25)

Aero Linx: British Microlight Aircraft Association (BMAA) The primary focus within all aviation activity is SAFETY. In all aspects of our sport SAFETY must come first, whether it b>[...]

Classic Aero-TV: Fly Corvair’s Reliable Engine Alternative

From SnF25 (YouTube Edition): William Wynne Builds Practical Aircraft Engines on the Corvair Platform Seeking an affordable alternative to the traditional aircraft engine options, >[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

Classic Aero-TV: CiES Fuel-Quantity and e-Throttle Systems Praised

From 2023 (YouTube Edition): Bridge of CiES CiES Inc. is a Bend, Oregon-based designer and manufacturer of modular embedded aircraft systems and sensors. The company’s fuel-l>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC