EzyCopter ultra-light helicopter plant will be ready by end of 2004

Yoshine Tech. Co., a Taiwanese ultralight helicopter company, is nearing completion of their new factory in the Central Taiwan Science Park by the end of 2004, and the company intends to begin production of their Ezy Copter ultralight helicopter in 2005. This according to Yoshine president Lin Cheng-Hsiang, who made the statements at a recent shareholder's meeting attended by the Asian Financial Times.

According to Lin, the company has 300 firm orders for the small aircraft, and will display it at an aircraft show in Taiwan in August. In addition, the company has chosen Aerospace Industrial Development Corp. to manufacture two new aircraft, including a model to be used for flight training.

The Taiwanese government recently implemented new laws to allow ultralight aircraft to fly in its airspace, and Yoshine's president believes that this new law will be key to the company's future success. In addition to local sales, Lin expressed confidence that agreements signed with LA Systems of the United Kingdom, Helitrade in Italy, Remax Group in the US and Plasgold Enterprise in the Phillippines will generate more than sufficient sales to put the company firmly on the road to success.

The Ezy Copter helicopter is equipped with dual rotors and dual engines, which the company says boosts its safety. Yoshine claims the aircraft is easy to operate, and is available at an extremely compeitive price of approximately $50,000, versus its competition, priced at an average of $150,000.

FMI: http://www.ezycopter.com/welcome.php, http://www.yoshine.com.tw/e-yx24.htm