June 2016 Issue
Icon Purchase Terms: The New Normal?
The intensely company-centric terms of the newly released purchase agreement for the Icon A5 are unprecedented. What does this portend for the future?
Icon was launched in 2006 with the stated goal of revolutionizing the general aviation industry with a sexy, two-place sport amphibian marketed not through traditional aviation channels but using methods common to the motorsports market. Icon also promised new business practices and its buyer agreement certainly qualified.
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