Wikipedia:

Columbia Aircraft


Columbia Aircraft
Type privately-held company
Founded 1980s
Headquarters Bend, Oregon
Industry general aviation
Products Columbia 350, Columbia 400
Slogan Let your dreams take flight
Website www.flycolumbia.com
Columbia 400
Enlarge
Columbia 400

The Columbia Aircraft Manufacturing Corporation designs and builds light general aviation aircraft. Originally The Lancair Company, Columbia Aircraft was spun off from that company; the resulting company was renamed to its current name in July 2005. Columbia manufactures production aircraft derived from the earlier Lancair homebuilt aircraft designs.

Columbia produces some of the most technologically advanced single-engine aircraft on the market. All models feature side-mounted control sticks and a glass cockpit and achieve their performance without the complexity and weight of retractable landing gear.

Originally designed by Lance Neibauer in the 1980s, his first model, the Lancair 200 was developed in 1984.

Company Ownership

In January 2003, Composite Technology Research Malaysia (CTRM) bought a controlling interest in Columbia for over $50 million. CTRM is owned by the Malaysian government and was incorporated in November 1990 by Minister of Finance Malaysia Inc. CTRM's CEO is Retired Col. Rosdi Mahmud.

CTRM became interested in selling its share of the company in 2006[1].

On September 24, 2007 it was announced in a Columbia Aircraft press release that Cessna Aircraft had indicated an intent to purchase Columbia, including its line of high-performance single-engined aircraft. As part of the sale agreement Columbia Aircraft will enter Chapter 11 bankruptcy protection. The arrangement would be subject to approval of the bankruptcy court and also to a final agreement with Cessna.[2]

The fate of Columbia Aircraft was further complicated on October 14, 2007 when it was announced that there are three additional bidders for Columbia Aircraft. These are Cirrus Design, Versa Capital Management and Park Electrochemical Corporation. The two latter companies have filed motions with the bankruptcy court stating that Cessna has been "getting preferential treatment in the process".[3]

Location

Columbia is located on the southeast corner of Bend Municipal Airport in Bend, Oregon.

Columbia aircraft

References

  1. ^ Russ Niles (September 22, 2007). Cessna Reportedly Interested in Columbia. Retrieved on 2007-09-24.
  2. ^ Russ Niles (September 24, 2007). Cessna-Columbia Deal Confirmed; Cirrus Says That's a Good Thing. Retrieved on 2007-09-25.
  3. ^ Russ Niles (October 14, 2007). Cirrus Launches Bid for Columbia. Retrieved on 2007-10-15.

External links


 
 
 

Join the WikiAnswers Q&A community. Post a question or answer questions about "Columbia Aircraft" at WikiAnswers.

 

Copyrights:

Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Columbia Aircraft" Read more

Search for answers directly from your browser with the FREE Answers.com Toolbar!  
Click here to download now. 

Get Answers your way! Check out all our free tools and products.

On this page:   E-mail   print Print  Link  

 

Keep Reading

Mentioned In: