Columbia Aircraft Announces IPO... 'Initial Purchase Option' | 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-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Fri, Mar 03, 2006

Columbia Aircraft Announces IPO... 'Initial Purchase Option'

What Did You Think We Were Talking About?

Columbia Aircraft announced Thursday a retail incentive for first-time aircraft buyers called Columbia IPO (Initial Purchase Option).

Although the IPO name is a play on words, the fact is that purchasing a new aircraft is, in some sense, an investment. The dividends come in the form of all of the benefits that a GA lifestyle provides -- time savings, convenience, flexibility and fun.

"All too often, first-time buyers purchase an aircraft similar to their trainer so they feel comfortable – six months later they discover that they’ve outgrown the performance," says Randy S. Bolinger, vice president of sales & marketing at Columbia.

"The beauty of the IPO is that Columbia Aircraft offers both Entegra-and G1000-based avionics suites so pilots who trained in a glass-cockpit-equipped trainer can easily transition into a similarly equipped high-performance Columbia and get a level of performance that they won’t outgrow, the quality they expect with such an investment and the status that exclusivity provides."

Here is how the IPO works:

  1. Complete primary or advanced flight training in any of the glass cockpit trainers listed below
  2. Purchase a new Columbia 350/400 of any model within 12 months of an FAA check ride
  3. Submit an IPO Affidavit signed by your CFI that verifies trainer aircraft eligibility
  4. Columbia Aircraft will reimburse flight training expenses up to $7,500 upon delivery of a new Columbia aircraft

Any version of the models listed is eligible if equipped with either the Entegra or G1000 suite (i.e., DA40-FP, PA28R-201, 172S)

"Columbia Aircraft doesn’t have a trainer in the product line, but due to the fact that we offer such diversity in our avionics options and excellent factory transition training, our high-performance aircraft are a perfect complement to some of the finest glass cockpit primary trainers in the GA fleet today," Bolinger said.

Columbia Aircraft manufactures a variety of all-composite aircraft. The Columbia 350, 350i, 350SL and 350SLX are normally aspirated, four-place aircraft with a cruise speed of 191 knots. The Columbia 400, 400i, 400SL and 400SLX are intercooled, twin-turbocharged, four-place aircraft certified to FL250 with a cruise speed of 235 knots.

FMI: www.flycolumbia.com

Advertisement

More News

ANN's Daily Aero-Linx (04.16.24)

Aero Linx: International Business Aviation Council Ltd IBAC promotes the growth of business aviation, benefiting all sectors of the industry and all regions of the world. As a non->[...]

Aero-News: Quote of the Day (04.16.24)

"During the annual inspection of the B-24 “Diamond Lil” this off-season, we made the determination that 'Lil' needs some new feathers. Due to weathering, the cloth-cove>[...]

Airborne 04.10.24: SnF24!, A50 Heritage Reveal, HeliCycle!, Montaer MC-01

Also: Bushcat Woes, Hummingbird 300 SL 4-Seat Heli Kit, Carbon Cub UL The newest Junkers is a faithful recreation that mates a 7-cylinder Verner radial engine to the airframe offer>[...]

Airborne 04.12.24: SnF24!, G100UL Is Here, Holy Micro, Plane Tags

Also: Seaplane Pilots Association, Rotax 916’s First Year, Gene Conrad After a decade and a half of struggling with the FAA and other aero-politics, G100UL is in production a>[...]

Airborne-Flight Training 04.17.24: Feds Need Controllers, Spirit Delay, Redbird

Also: Martha King Scholarship, Montaer Grows, Textron Updates Pistons, FlySto The FAA is hiring thousands of air traffic controllers, but the window to apply will only be open for >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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