CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, has been modeled around a culture of innovation. This, coupled with the dedication and output of its now more than 200 highly skilled personnel, has propelled the company to be a leader in its market segment. “This status is evidenced by several parameters, including CubCrafters’ average aircraft revenue per customer, which has grown from just over $5 million in 2001 to over $30 million in 2021, according to the company’s Regulation A+ presentation. In fact, the company reported resilient sales as well as a growing market share in 2021 despite pandemic-related supply chain issues,” a recent article reads. “As a further testament to this leadership, two CubCrafters aircraft are the recipients of only a handful of Part 23 certificates that the FAA has issued over the last two decades. Moreover, CubCrafters has been among the very few companies to obtain a new type certificate – an approval that signifies compliance with requirements on airworthiness, design of the aircraft and all component parts, noise, exhaust emission standards, and more – in backcountry aviation since 1970. CubCrafters’ distinctiveness has led to demand for its aircraft, leading to the company being fully booked until 2024.”
To view the full article, visit https://ibn.fm/Sz2QU
About CubCrafters Inc.
Founded in 1980 by Jim Richmond, CubCrafters’ roots are in the 80+ year history of classic grassroots aviation, but the company’s products and services are innovative and completely modern. CubCrafters designs and manufactures experimental, LSA, and Part 23 certified aircraft. The Carbon Cub family of aircraft redefined expectations for the backcountry flying experience with innovative design, modern materials, powerful engines, and breathtaking performance. The company’s flagship XCub aircraft is offered in both nosewheel and tailwheel configurations, and substantially expands the mission profile of sport utility aircraft with higher speed, longer range and larger payload. The key to CubCrafters’ success is its ability to create unique value in the experience of personal adventure aviation. For more information about the company, visit www.CubCrafters.com.
NOTE TO INVESTORS: The latest news and updates relating to CubCrafters are available in the company’s newsroom at https://ibn.fm/CUB
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork