"Several UK buyers have shown interest, and we are really pleased that potential overseas buyers are keen to see the company remain in Cambridge," said Terry Holloway, e-Go aeroplanes Chairman.
"Tangible, financial offers need to be in the hands of e-Go aeroplanes’ Board by the next meeting on the 10th November," recommends Rich Clabon, the Chief Operating Officer, "so any new offers would need to be received prior to the meeting."
The Company Board expects to evaluate firm offers in the next three weeks, with final offers negotiated thereafter.
About e-Go aeroplanes:
Operating to the north of Cambridge, e-Go aeroplanes is manufacturing the striking, new, very lightweight e-Go aircraft. It will cost dramatically less to fly than traditional aircraft and is a product for discerning pilots who relish new experiences. It uses novel technologies for performance yet achieves a low cost of development and operation by exploiting the newly deregulated environment in the UK.
The single-seat e-Go design has evolved from the winning design in the high-tech category of a competition run in 2007 by the Light Aircraft Association. This was to encourage innovation after the Civil Aviation Authority deregulated the very light end of general aviation aircraft construction.
Around 60 per cent of the UK’s estimated 60,000 pilots fly light aircraft for enjoyment. In the main, those aircraft have their roots in designs that are more than 40 years old and have become increasingly expensive to operate. e-Go costs just £15 per hour to fly.
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Further information from:
Rich Clabon
Chief Operating Officer
01954 268189
[email protected]
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'e' is for excitement at e-Go aeroplanes
25 October 2016
e-Go aeroplanes is still looking for a buyer to take its amazing ‘fun flying machine’ into full production, and is excited to have had contact from a number of interested parties over the past few weeks.
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