Lancair 'Officially' Closes Investment Deal | 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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Mon, Jan 27, 2003

Lancair 'Officially' Closes Investment Deal

Woohoo! Here Come The Funds!

ANN told you it was in the works. Now, Lancair has put the finishing touches on a million dollar funding, allowing the company to continue ramping up production to meet 173 outstanding orders for its Columbia certified high performance aircraft.

New Lancair Board members, representing Composite Technology Research Malaysia (CTRM), Lancair’s original investor, were at the Lancair production facility this month to review the ramp-up.

All The Pieces Are Starting To Come Together

Lancair President Bing Lantis said, “These meetings put the final elements of a solid financial foundation in place. Our every effort is now directed at the re-start of manufacturing and delivery of the Columbia aircraft in all its configurations and options. We will steadily increase production to and beyond a rate of one aircraft per day.”

CTRM CEO Malek Packeer said, “To help expedite the production ramp-up, CTRM will begin planning for the manufacture of selected air-frame components for the Lancair Columbia aircraft at their advanced manufacturing facility.”

FMI: www.lancair.com/certified/index.html

Advertisement

More News

TikToker Arrested After Landing His C182 in Antarctica

19-Year-Old Pilot Was Attempting to Fly Solo to All Seven Continents On his journey to become the first pilot to land solo on all seven continents, 19-year-old Ethan Guo has hit a >[...]

Classic Aero-TV: Versatile AND Practical - The All-Seeing Aeroprakt A-22 LSA

From 2017 (YouTube Edition): A Quality LSA For Well Under $100k… Aeroprakt unveiled its new LSA at the Deland Sport Aviation Showcase in November. Dennis Long, U.S. Importer>[...]

ANN's Daily Aero-Term (06.27.25): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

ANN's Daily Aero-Linx (06.27.25)

Aero Linx: Historic Aircraft Association (HAA) The Historic Aircraft Association (HAA) was founded in 1979 with the aim of furthering the safe flying of historic aircraft in the UK>[...]

Aero-News: Quote of the Day (06.27.25)

"We would like to remember Liam not just for the way he left this world, but for how he lived in it... Liam was fearless, not necessarily because he wasn't afraid but because he re>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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