I got my March 2005 issue of Vintage magazine yesterday. There's an ad in there:
" The Legend Cub...the Legend lives! The legendary sounds & senses of flight from days gone by live again in the Legend Cub! This great aircraft blends the best of fun, affordable flying with modern parts and materials to give you a ready-to-fly certified light sport aircraft. Call today. Start living the legend. American Legend Aircraft Company "
Wow- sounds great! In between that & the beautiful illustration,I had to check out their website. www.legendaircraftcompany.com
Looks like it's gonna be a slightly enlarged (3" wider) O-200 powered version of a PA-11 Cub Special. What a great idea- just about the Cub I'd want if & when I go sport pilot. However, pricing information was conspicuous by it's absence.
I think they could do very well with it if they could just keep it affordable for the average Joe. But unfortunately I doubt that'll happen. If they could keep the price down to maybe $50K ( for a NEW Cub!) it'd sell big, but I'm guessing it'll be at least $75K or maybe as much as $100K or even more.
I'm also guessing that it might be like the new Taylorcraft mfr, they don't have the dough to start actually building airplanes so they don't say "come buy our airplane", they say "send us $XXX to reserve your spot in the production line". Then when (or if) they get enough money in hand, they'll actually start building some airplanes. This kind of deal is a bummer for the earlybirds, if enough investors don't materialize the whole show often goes bust-- ala Jim Bede.
Hope this Legend Cub outfit follows thru- I'd love to see some affordable new Cubs hit the street.
Eric
