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Icon Aircraft, creator of the A5 LSA seaplane, is in the spotlight again as bankruptcy proceedings finally come to a close.
Short story: Icon will continue making aircraft, after the bankruptcy heard from a new buyer — not the buyer mentioned before in this recent article. The court sought a change in ownership and an effort to grapple with a large amount of debt.
From beginning (in April 2024) to an end in mid-June, this proceeding moved very swiftly. Here’s the final settlement.
“Icon In a Flat Spin
as Bankruptcy Looms”
Earlier in the day on June 18th, 2024…
Britain’s Flyer magazine reported online that Icon found

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