Epic Books $40 Million In Oshkosh Orders

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Epic Aircraft says it took nonrefundable deposits on orders worth $40 million for its kit and certified aircraft during EAA AirVenture last month. Epic President Rick Schrameck said much of the interest came from its two very light jets introduced at the show, the single-engine Victory and twin-engine Elite. He also noted that the company took secure orders worth $23 million at Sun 'n Fun in Florida in April. He said having the jets on display at AirVenture allowed side-by-side comparisons with competitors and he believes his company's products stand up well to other offerings in the same market. Currently, the jets and the six-place turboprop Dynasty are available as kits but there are plans to certify all three models. Schrameck says the first kit-built Victories will be delivered to customers by the end of the year. Victory kits come with a Pratt & Whitney Canada PW615 engine while the factory models will have the more powerful PW617.