Sequoia Aircraft Corporation
FOR IMMEDIATE RELEASE
July 30, 1998
The following is an excerpt from the March 1998 Falco Builders Letter:
Someone asked me recently if I had made plans for 'succession' in my business. In fact, I am beginning to think about that.
First, let me explain that there are no business problems at Sequoia motivating this. Sequoia Aircraft has no debt, and it is a self-sustaining business. However, in ten years I will be at an age that most people consider 'retirement' age. I am in good health, but if something should happen to me, it would be a bad thing for both my family and Falco builders if I did not have a successor in place. For years I have been a compulsive 'workaholic', and the Falco is the result of enormous efforts on my part. However, with our girls off at college, Meredith and I would like to do more traveling and enjoy life more. At the same time, there is much about the Falco project that I find irresistable, and there are many things on which I want to continue working.
In a word, I am simply torn between a desire to keep at this forever and the realities that I should make plans for the future so that the Falco would go on without me. So I have begun the process of looking for someone to come into Sequoia Aircraft in an ownership position. My principal interest is in finding someone who has the ability to keep the Falco going for many years to come, and this will require a unique individual. I expect this process will take at least five years, and I hope that all of you will see this as a positive thing and will help me in finding that special person. In the meantime, things at Sequoia will go on as normal.
The F.8L Falco aircraft was designed by the Italian designer Stelio Frati and first flew in 1955. It was awarded a FAA Type Certificate 7A11 in the Utility and Acrobatic categories, and over 100 Falcos were produced by three Italian companies until 1965.
Sequoia Aircraft Corporation introduced the Falco as a kit aircraft in 1979, and many exceptional examples have been built and flown in the United States, Canada, Brazil, Chile, England, Scotland, New Zealand, Australia, the Netherlands, and Norway. The Falco is widely regarded as one of the best aircraft ever designed, and it is particularly prized for its exceptional handling qualities. Because of this, the Falco has a passionate and loyal following of pilots and builders all over the world.
Interested parties should contact Sequoia Aircraft Corporation. Sequoia's office is located in Richmond, Virginia, and the company's warehouse contains approximately a million dollars in inventory of Falco parts. The Falco is built from highly detailed plans, extensively illustrated construction manuals and from kits of high quality components. In recent years, Sequoia has developed software for drafting and technical illustration, and it plans to pursue an aggressive campaign of upgrading the manuals with three-dimensional illustrations to simplify the construction process. Portions of the construction manuals in progress will be available to Falco builders through the Internet.