Epic LT

Anyone else read the ariticle/seen the pictures on the Epic LT in Pilot
Magazine? That is one SEXY machine. It is made by AIR, LLC. I think
AIR stands for Aviation Investment and Research or something like that.
When my ship comes in, I'm gonna get me something like that, if not
that.

Wow, just couldn't get over how beautiful it looks, a Ferrari in the
Sky. I tried to Google for more info on it, but got no hits.

Anyone have more info on it?

Thanks,
Bryan "The Monk" Chaisone

http://www.epicaircraft.com

I saw it too, wonderful machine.


"Flyingmonk" wrote in message
ups.com...
Anyone else read the ariticle/seen the pictures on the Epic LT in Pilot
Magazine? That is one SEXY machine. It is made by AIR, LLC. I think
AIR stands for Aviation Investment and Research or something like that.
When my ship comes in, I'm gonna get me something like that, if not
that.

Wow, just couldn't get over how beautiful it looks, a Ferrari in the
Sky. I tried to Google for more info on it, but got no hits.

Anyone have more info on it?

Thanks,
Bryan "The Monk" Chaisone

Dude! Thanks a bunch for the link. Very sleek looking.

Bryan "The Monk" Chaisone

"City Dweller" wrote in message
...
http://www.epicaircraft.com

I saw it too, wonderful machine.


"Flyingmonk" wrote in message
ups.com...
Anyone else read the ariticle/seen the pictures on the Epic LT in Pilot
Magazine? That is one SEXY machine. It is made by AIR, LLC. I think
AIR stands for Aviation Investment and Research or something like that.
When my ship comes in, I'm gonna get me something like that, if not
that.

Wow, just couldn't get over how beautiful it looks, a Ferrari in the
Sky. I tried to Google for more info on it, but got no hits.

Anyone have more info on it?

Thanks,
Bryan "The Monk" Chaisone




That is a very nice looking plane, the jet design is very cool as well, I
bet the prop plane isn't cheap.

---------------------------------------
DW

On Wed, 7 Sep 2005 12:15:52 -0500, "Darkwing \(Badass\)"
theducksmail"AT"yahoo.com wrote:

That is a very nice looking plane, the jet design is very cool as well, I
bet the prop plane isn't cheap.

---------------------------------------
DW



If the pricing link has a "Contact us for pricing information" form,
you'd better be sitting down when you get the response.

I filled out one of those forms once and actually had some bozo tell
me he'd sell his software package outright for $1,000,000 or 10% of my
companies gross revenue. *Blink*




Jim

http://www.unconventional-wisdom.org

The article in Aiplane mag saids below two mil.

"Flyingmonk" wrote in message
ups.com...
Anyone else read the ariticle/seen the pictures on the Epic LT in Pilot
Magazine? That is one SEXY machine. It is made by AIR, LLC. I think
AIR stands for Aviation Investment and Research or something like that.
When my ship comes in, I'm gonna get me something like that, if not
that.

Wow, just couldn't get over how beautiful it looks, a Ferrari in the
Sky. I tried to Google for more info on it, but got no hits.

Anyone have more info on it?

Thanks,
Bryan "The Monk" Chaisone

The Epic folks have run into a bit of a brick wall. Their current program
is that you bring them a check for the better part of $1,000,000 and you get
to assemble your "Experimental/Amateur built" airplane in their factory with
their "factory assistance". Unfortunately, the FAA denied the initial
"homebuilt" Epic's certification, using the rationale that they didn't
believe the aircraft met the 51% rule. I.E. they thought the customer more
or less paid Epic to build it for him.

So, we have a guy who owns an uncertifiable airframe that he's paid a
million dollars for. Also, there are 3 or 4 other aircraft on the assembly
line at the factory assistance center. Those customers are probably more or
less screwed too.

Epic says it plans to certify the aircraft, but little work has been done
towards that goal. Without the income from their "Experimental/ Amateur
built" sales, I have doubts about their ability to keep the doors open
through the certification process...

KB

I thought I remember the article saying that they are going through
certification or has gone through certification. I'll dig it up
tomorrow. If they need money, I'll buy a few shares. I bet many
others will also, I think they have a very good product.

Bryan "The Monk" Chaisone

"Flyingmonk" wrote in message
oups.com...
I thought I remember the article saying that they are going through
certification or has gone through certification. I'll dig it up
tomorrow. If they need money, I'll buy a few shares. I bet many
others will also, I think they have a very good product.

Bryan "The Monk" Chaisone


Lots of companies plan to certify their aircraft, but it is a very expensive
and time consuming process. Ask the folks at Eclipse or the folks who have
the push me pull you twin and a jet version of the same airframe. Unless
you're very well funded, certification is a huge barrier to entering the GA
market.

My thoughts are that Epic planned to use the cash generated by kit sales to
fund certification. Unfortunately for them, that isn't going to happen. Not
only does that hurt their cashflow, it has to make investors scratch their
heads and wonder "If they screwed up the kit business this bad, can they
succeed in the certified market?" My guess is they don't have a lot of
investors beating down the doors these days.

In addition, they probably have to worry about their 4 or 5 customers (the
ones who spent a million bucks on the Epic kit) suing them for failing to
keep their promises regarding the finished kits being certifiable as
Experimental/Amateur Built. If MY million bucks was sitting in Epic's shop
and it was obvious that it would never leave the ground due to certification
issues, I'd be all over them to recover my $...

KB

"Flyingmonk" wrote in message
ups.com...
The article in Aiplane mag saids below two mil.


That is one expensive Turbo Prop.

----------------------------------------------
DW