The Lancair Company
The Lancair Company is a company.
Financial History
Leadership Team
Key people at The Lancair Company.
The Lancair Company is a company.
Key people at The Lancair Company.
The Lancair Company is a manufacturer of high-performance, composite kit aircraft and completed planes, specializing in fast, efficient general aviation models for private pilots and builders. It produces kits like the Lancair Legacy (two-seat aerobatic), ES (four-seat fixed-gear), IV (330 mph speedster), and IV-P (pressurized piston single), serving aviation enthusiasts seeking superior speed, aesthetics, and value over traditional piston aircraft[1][2][3][4]. These address the market gap left by conventional manufacturers abandoning small planes, offering cruise speeds rivaling twin-engine turboprops via advanced composites, with kits priced around $100,000 and sales reaching about 1,900 units across 34 countries by the early 2000s[1][2].
Growth has involved multiple ownership changes and relocations, from Oregon to Texas in 2017 under Lancair International, LLC, focusing on legacy models while innovating with turbine options and new designs like the Mako (four-place) and Barracuda (two-seat)[3][7]. The company emphasizes safety, technical advancement, and pilot satisfaction, with historical sales of $15 million and 70 employees as of 2004[1].
Founded by Lance Neibauer in 1981 as Neico Aviation in California, the company emerged from Neibauer's passion for aviation and expertise in visual design, leveraging 1980s composites advances to fill the void in small aircraft production[1][2][3]. The prototype Lancair 200 flew in 1984, revolutionizing two-seat performance and entering the Experimental Aircraft Association museum; by 1990, 600 kits were delivered, and the Lancair IV set speed records in 1991[1][4].
In 1991, it incorporated as Lancair International, Inc., relocating to Redmond, Oregon in 1992 for expansion[1]. Neibauer sold the kit business in 2003 to Joseph C. Bartels; the Wolstenholme family took control in 2010 with Bob Wolstenholme as CEO[3]. The Lancair Company, a separate entity also founded by Neibauer, began in 1995 producing certified Columbia aircraft[8]. In 2017, the kit operations moved to Uvalde, Texas as Lancair International, LLC, separating the Evolution line (later under Evolution Aircraft, which ceased operations)[2][3].
The Lancair Company rides the trend of democratizing high-performance aviation through kit-built composites, enabling homebuilders to access jet-like speeds in piston/turbine singles amid stagnant certified GA production[1][2]. Timing capitalized on 1980s materials breakthroughs and post-recession demand for affordable speed, influencing the experimental aircraft ecosystem by popularizing pressurized kits (IV-P as one of four ever) and turbine conversions[1][3][5].
Market forces like rising fuel costs and pilot shortages favor its efficient, versatile designs over legacy metal planes, while fostering a builder community that advances safety and innovation—shaping modern GA toward customizable, high-end experimentals rather than mass-produced certified aircraft[2][3][4].
Lancair is poised to expand its legacy lineup with upgrades and models like the 2019 Mako/Barracuda, targeting sustained demand for fast, aesthetic kits in a market shifting toward electric/hybrid propulsion[3][7]. Trends like advanced airfoils, turbine efficiency, and warbird restoration expertise (from leaders like Conrad) will drive evolution, potentially influencing certified variants or partnerships amid GA recovery[3].
Its influence may grow by bridging kit innovation to broader aviation, empowering pilots with unmatched performance—echoing Neibauer's vision of composites reshaping flight freedom[1][2].
Key people at The Lancair Company.