February 2012 Issue
LSA Finance Woes: Crippling the Industry
If the brand is listed in Vref or Bluebook, credit is usually available at reasonable rates. Want a loan for an odd make or commercial use? Fugetaboutit.
The light sport aircraft market was hyped up with so much promise, but still struggles to deliver real payoff. Its not that the aircraft arent sellingthey are, as much as anything is selling. But market has been primarily one of cash, not credit. While credit is tight in all economic sectors today, LSAs have some specific issues that make them a tougher sell to the bean counters at the bank.
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