Shoppers in the market for a light sport aircraft have lots of choices, but according to a report in the February issue of Aviation Consumer, those choices evaporate when it comes to finding a loan. “The LSA industry is stuck in a Catch-22,” the report found, “where low volume of sales hinders financing, but the impediments to financing hinder sales volume.” The impact of the credit crunch is widely variable. Phil Solomon, CEO of Tecnam North America, told Aviation Consumer his sales were cut in half because flight school operators couldn’t get loans. Cessna, however, eliminates that obstacle by providing its own financing, and Cub Crafters avoids the problem by appealing to buyers who can write a check for a $165,000 airplane.

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