lml@lancaironline.net Mailing List Archive

Joe snubbed his critics and launched a new, improved, and very expensive aircraft while his neighboring competitors fell by the wayside. (The man must play rugby 'cause he certainly has leather balls.) And now the news that there is a fresh infusion of money and manpower into Lancair, and that the company is poised for growth. Lancair will be around to support my ES-P and hopefully all the models back to the Lancair 200. Looking forward to great things from the new management staff.

Robert M. Simon

ES-P N301ES

From: Justin Hawkins [mailto:JustinH@lancair.com]
Sent: Tuesday, July 06, 2010 4:05 PM
To: lml@lancaironline.net
Subject: Lancair news
Contact: Tom Bowen

541.923.2244 - X136

Lancair Looks to the Future With New Financial Strength,

And New Management Team

Redmond OR; 7.6.10- Mr. Gene Wolstenholme, new majority owner and Chairman of LCTIILancair

International, today announced the injection of new operating capital and a new management

team at aircraft manufacturer Lancair International. "

Joe Bartels, CEO of LCTl/Lancair International, since 2003, resigned as President and CEO

according to the terms of a June 7, 2010, investment agreement, and will remain a minority

percentage owner of LCTl/Lancair International. "Joe did a great job overseeing development

the Evolution aircraft," said Bob Wolstenholme, "and we now need to move ahead and expand the

manufacturing infrastructure and training programs to support the Evolution product line.