Cougar Acquires Advanced Technology Aircraft To Fill Market Gap | 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-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Sat, Jul 06, 2019

Cougar Acquires Advanced Technology Aircraft To Fill Market Gap

Now Owns The FAA Type Certificate, Other Assets For The GA-7 Light Twin

Cougar Aircraft Corp has acquired the assets of the GA-7 Cougar light twin aircraft, designed and formerly produced by Grumman Gulfstream, famous for military and executive jets. Cougar now owns the FAA Type Certificate A17SO, the technology, production tools, and world-wide rights needed to build this aircraft. The GA-7 is a perfect solution to fill the urgent need in the training market, and with its robust construction can handle the real-life flight testing required to advance to the next stages in alternative propulsion.

The aviation training market has exploded with airline demand, and it is forecast that training over 800,000 pilots worldwide will generate a need for thousands of new planes. That adds up to potential sales of over $7 billion. Market demand to produce new training planes has increased so much the one major light plane maker has revealed a 700-plane backorder and $350 million in annual turnover.

The GA-7 is a proven and respected aircraft that offers a safe and profitable training platform; what’s more, modified GA-7s have already flown with alternative powerplants. The GA-7 uses advanced fighter jet construction derived from its Grumman heritage, combined with simple modular assembly, allowing for low cost, high volume production of new aircraft. As an added bonus, the GA-7 offers an exceptionally long service life of its main wing components at 42,000 hours – compared to a typical 12,000-hour service life. This means many more profitable flight hours and less frequent aircraft fleet replacements.

The GA-7 could become the first and perhaps only light twin manufactured in China. Acquisition of an existing Type Certificate, which is valid forever, can save 10 years and many millions of dollars compared with development of a new, unproven aircraft model. With both single and twin-engine aircraft models and a 5,000 square meter facility ready to start production immediately, this is a golden opportunity for Chinese participation in aircraft manufacturing at a fraction of the usual cost of entry.

Cougar Aircraft Corp is now inviting investors and suppliers to participate in their exclusive FAA and CAAC world-wide rights to bring these aircraft to a global market that is clearly in need of many more airplanes.

(Image provided with Cougar Aircraft Company news release)

FMI: www.clearskyltd.com, Email Wayne Mansfield, CEO

Advertisement

More News

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC