Lake Aircraft has gone up for sale before, several times, but this week the company announced it's trying again to find a new owner for its assets, including the only FAA-certified single-engine amphibious airplane on the market. The offering includes all the intellectual property and equipment needed to manufacture the Lake Renegade, Seafury and Seawolf airplanes. "The manufacturing operation can then be used as a foundation to expand into bigger and more complex aircraft," said Armand Rivard, president of Revo Inc., the Lake Aircraft holding company. "This FAA Type Certificate simplifies the start-up of a new aircraft company." More than 1300 Lake amphibian aircraft are flying in over 50 countries around the world. The line has been in production for more than 50 years.
This is a companion discussion topic for the original entry at https://www.avweb.com/recent-updates/business-military/lake-aircraft-seeks-buyer