We are planning, with the permission of Transport Canada, to start fabrication of pre-production of Seawind aircraft for delivery to our customers after the conditional Type Certificate (T.C.) is issued.
PRODUCTION (Phase 4) FINAL FUNDING
We now need to prepare to resume building aircraft and ramping up the production.
To do this successfully, we need;
Final Production Start Up Budget
The Seawind Project has cleared all the obstacles to the certification of this beautiful high performance, all composite, amphibious flying boat. The Seawind is in the final stages of certification documentation in Canada.
It is well poised for production startup, having its own:
We have all 80 molds and plugs that cost over $2.2 mil to develop.
BUSINESS PLAN UPDATE
Our Business Plan has been updated and provides the information on our plans for production, marketing, and sales as we start to deliver Seawinds to our customers.
Why do so many General Aviation companies fail or get bought out?
Eclipse - The largest GA failure in history; thought they could build airplanes like cars are built. They tried too many innovations at one time. The Williams engine, fabrications methods, custom software, and avionics.
Successful companies like Cirrus, Diamond, and Piper joined the line of GA companies who wanted to make small jets. All found themselves in trouble and had to give up control or shelf their project.
Some have innovated too much and did not stop in time. Others expanded too quickly spurred on by high advanced orders and these costs got out of hand.
Seawind made a few of these mistakes in the beginning as well, but learned from it. We learned that you had to be vigilant and stay on top of your budget, because by the time you find yourself in trouble it is already too late. We have tightened our belt many times, when we would have like to spend money on some new innovations that excite the mind.
We are totally targeted on:
We have a small group of loyal investors who do not want to see us lose control. We are extremely cost cautious and have established a comfortable profit margin so that we can offer a retractable gear composite amphibian at a better price than composite land planes with fixed gear.
We will be pleased to have further discussions with you about our future.
Please contact us for more information.
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Phone: (610) 917-1120 • Email: email@example.com