FOR IMMDEIATE RELASE
LIGHT SPORT AMERICA
CONTACT: Phil McCoy
LIGHT SPORT AMERICA OFFERS TWO UNIQUE PURCHASE PROGRAMS
LAKELAND, Florida, April 9—Light Sport America, which recently entered the light sport aircraft market with a full line of U.S. built planes, is offering two unique purchase plans.
J. Phil McCoy, president and CEO of Light Sport America, said no other U.S. company offers programs like his company's "Fly Before You Buy" and "Money Back Guarantee" programs.
"At Light Sport America, we put the highest priority on customer service," Mr. McCoy explains. "These two program are designed to ensure customer satisfaction even before the purchase. We also offer the customer financing, insurance, and transitional training."
Light Sport America recently purchased ATR StormAircraft and is moving its factory to Bartow Municipal Airport. It offers four Storm models—the all-composite, high-wing Storm Rally, Rally Amphibious, the all-metal, low-wing Century with tricycle gear, and the Century conventional (tail wheel). Both the Rally and Century models are priced from $89,900 to $124,995 depending on options and avionics.
LSA also offers several Storm kits, including the Fury, Fury RG, and 400.
LSA's unique "Fly Before You Buy" program allows a customer to lease an airplane for up to 45 days with a small deposit and a lease payment. If the customer decides to purchase, the full deposit and lease payment are then credited to the purchase price.
LSA is the only aircraft company in the general aviation industry to offer a "Money Back Guarantee" program. If a customer purchases an LSA aircraft and it doesn't meet that customer's expectations, in any way, during the first 30 flight hours, or 90 days (which ever comes first), the customer may return the plane for a complete refund, less a restocking fee of $5,000 and $150 per flight hour.
Both of these programs are only available to individual purchasers. Flight schools are exempted from these programs.
ATR Storm Aircraft has been building airplanes in Italy for nearly 30 years. It has sold over 3,000 aircraft and none has ever had an in-flight structural failure.
These aircraft have many features pilots want, such as, a steerable nose wheel, toe brakes on both sides, electric trim, fowler-style flaps, a control yoke option, in-flight adjustable leather seats, a 44-inch wide cabin, and outstanding stall and spin resistance.
All storm aircraft are powered by the industry standard Rotax 912 that uses premium, 93 octane auto fuel and burns just 3.5 to 5.5 gph.
Visit the Light Sport America booth, LP 009, at Sun 'N Fun in the Light Sport area.
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Maker of Sport Aircraft Moving to Bartow Airport, Hopes to Employ 125 by 2016
FOR IMMEDIATE RELEASE
LIGHT SPORT AMERICA
CONTACT: Phil McCoy
LIGHT SPORT AMERICA TO BUILD STORM PLANES IN USA
SEBRING, Florida, Jan. 17—J. Phil McCoy, president and CEO of Light Sport America, announced here today his firm has purchased the assets of Italian aircraft manufacturer ATR StormAircraft, and he expects complete relocation of the factory and to begin U.S. production of Storm's complete line of light sport aircraft at the Bartow, Florida, Municipal Airport in March.
Mr. McCoy is exhibiting here at the U.S. Sport Aviation Expo where he is displaying the Storm Rally in Light Sport America's booth.
Light Sport America (LSA) has also purchased the assets of Florida Aircraft Painting, Inc. and Florida Aircraft Supply. The purchases include a 36,000 square foot Aviation Complex on six acres at the Bartow Municipal Airport. Mr. McCoy said LSA will continue to operate the painting business in a 60 by 60 building and use the 150 by 151 hanger and offices to build aircraft.
"The acquisition of StormAircraft will enable LSA to offer America's only full line of U.S. built sport aircraft," Mr. McCoy said. "Storm has been in business nearly 30 years and has sold over 3,000 aircraft."
Light Sport America will offer four Storm models—the all-composite Storm Rally, Rally Amphibious, the all-metal Century with tricycle gear, and the Century conventional (tail wheel). Both the Rally and Century models are priced from $99,000 to $117,000 depending on options and avionics.
In addition to the Rally and Century models, LSA will also offer several Storm kits, including the Fury, Fury RG, and 400.
Light Sport America plans to service the law enforcement and border patrol markets with a surveillance-equipped Rally and the Air Patrol 2013 Rotocraft.
Mr. McCoy said he expects his company to hire up to 70 employees during its first year of operation and over the next three years to increase the workforce to up to 125 persons.
Giovanni Salsedo, founder of StormAircraft, is moving to the U.S. to assist in the transition. He will remain active in Light Sport America as vice president.
The Federal Aviation Administration forecasts that 50% of all general aviation aircraft sold in the U.S. between now and 2020 will be light sport aircraft. This forecast calls for an average 9% annual compounded growth in the U.S. light sport aviation market over the next seven years. This translates to approximately 6,600 new light sport aviation sales in the U.S.
Mr. McCoy is a veteran general aviation professional with 40 years experience. He has worked for such notable names as King Radio Corporation, Fairchild-Swearingen Aircraft, and Foster AirData Systems.
He founded McCoy Avionics Corporation, took the company public, and later sold his interests. Since 1997 he has worked as a consultant for such well-known aviation companies as Ryan International Corporation, Houston Gulf Avionics, Eastern Avionics International, and Remos Aircraft.
For additional information on the company and its products visit its web site at
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