Lisa Airplanes Goes Into Receivership | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **
** Airborne/NBAA2014 10.24.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.24.14 **

Fri, Aug 17, 2012

Lisa Airplanes Goes Into Receivership

Company Hopes To Succeed With New Fundraising Round

Something of the darling of AirVenture at Oshkosh this year, the founders of Lisa Airplanes, which is developing the Akoya Amphibious Ski Plane LSA, decided to place the company into receivership on July 30th "in order to protect its future." The company says the situation has no impact on its clients’ deposits, as all of them are under a bank warranty. A 6-month phase of observation has been granted by the Commercial Court of Chambery.

Lisa Airplanes was founded in 2004 with the stated ambition to design and market a revolutionary aircraft that would spark new interest in recreational aviation. To reach this goal, Lisa Airplanes was financed from 2005 with up to 80% private funds, including business angels, startup funds, and investment funds.
 
In July, Lisa Airplanes was finalizing a fundraising round tied to the commercial development of the company. The terms of negotiation anticipated a progressive and long term financing. As selected investors were not able to fulfill their commitments, and the historical shareholders could not secure Lisa Airplanes’ financial plan, the company made the decision to place it in receivership.

During this period of transition, the team says it supports the managers to ensure a fast resumption development of the airplane. They say the great response of the American market during the first presentation of the Akoya at Oshkosh, and the airplane’s performance as confirmed by more than a year of flight testing with of the first prototype aircraft, create investment opportunities during the observation phase.

With the coming financing plan, Lisa Airplanes and its partners say they are confident they will be able to launch the Akoya worldwide, though no date for entry into service was mentioned.

(Image provided by Lisa Airplanes)

FMI: www.lisa-airplanes.com

Advertisement

More News

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Antares ISS Resupply Mission Suffers Launch Failure

Vehicle Suffers Failure Just Seconds Into Launch Sequence Analysis By ANN Space Correspondent, Wes Oleszewski At approximately 18:22:38.651 Eastern time, the two AJ-26 first stage >[...]

Airborne 10.27.14: New Freefall Altitude Record, NBAA14 Wrap-Up, Falcon AOG

Also: New ALPA Officers, Hurricane Hunters, Aventura AVW, New Runway at Copiah County, LTC Tom Dougherty Flies West Only 2 years ago, Felix Baumgartner set a record for the highest>[...]

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

U.K. Ministry Of Defense Makes $2.42 Billion Air Traffic Management Deal

Contract Awarded To Joint Venture Between Thales And NATS AQUILA, a joint venture between Thales and NATS, has been awarded the £1.5 billion (approx. $2.42 billion) contract,>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC