up to our elbows in tail rotors and gearboxes makes us pretty happy. It
means that we don't have a whole lot left to do to complete the tooling
package for the HELICYCLEŠ
estimated this process would take about 3 years and that looks just about
right at 2 years and 3 months into the program.
importance of a Detroit style tooling package for our HELICYCLE may not be
readily apparent. However, anyone can surely understand if made aware, the
price of the HELICYCLE would double without it. We are very encouraged to
have met our price projections up to this point. With the most difficult
components now behind us, we feel confident that our cost containment
program will be successful.
sport helicopter market has always confirmed that if the price is not
right, few if any sales will result. Our market has steadfastly voted
against paying much over $20-25,000 for a single seat helicopter airframe,
even if it is first quality. A quick look at last years commercial
helicopter sales statistics also helps substantiate this conclusion . The
R-22 which is 1/2 to 2/3's the price of it's competitors outsold the rest
of the field by a factor of close to 7/1.
of the kit helicopter manufacturers are doing their best to improve their
equipment to a certified quality level. An equal if not more ambitious
effort must be made in the arena of price reduction, if any significant
progress is to be made in Sport Helicopter sales numbers. (Sports
Helicopter sales have never been more than 3 - 5% Of the total sport
flying market, primarily due to high cost.)
R & D, is fully committed to producing the highest quality, lowest
cost Sport Utility Helicopter (S. U. H.) on the market.