"Mitfield"
-----Original Message-----
From: Sport_Aircraft@yahoogroups.com [mailto:Sport_Aircraft@yahoogroups.com] On Behalf Of Gary Orpe
Sent: Thursday, January 14, 2010 9:39 PM
To: Sport Aircraft GroupSubject: Light-Sport Aircraft Yahoo group Story from EAA's E-HotlineMore on the SPORTCRUISER from EAA
""
PIPER MAY ACQUIRE MAKER OF SPORTCRUISER S-LSA
Piper Aircraft may soon enter the light-sport aircraft (LSA) market if
various media reports and chatter on Internet message boards are true.
FlightGlobal.com was the first to relay reports from a Czech business daily
newspaper that reported Piper had signed a $30 million deal to acquire Czech
Aircraft Works, which makes the SportCruiser S-LSA. Piper's possible move to
acquire the bankrupt aircraft maker would be in line with the new direction
Piper signaled last May when it was acquired by the Singapore-based
investment firm Imprimus.
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