Symphony Aircraft Back In Business…

Gemini Sparkle

Key Takeaways:

  • Symphony Aircraft Industries (SAI) has acquired the assets of the former OMF Aircraft Canada, bringing the Symphony line of aircraft back into production.
  • SAI President Paul Costanzo, previously with OMF Aircraft, led the seven-month effort to complete the deal after OMF Canada ceased operations earlier this year due to its German parent company's bankruptcy.
  • The immediate plan is to relaunch the two-seat Symphony 160, with up to 10 aircraft available for sale in North America by September and new production slated to begin in Canada by December.
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New Owners “Ecstatic”…

The Symphony line of aircraft is back. Symphony Aircraft Industries (SAI) has bought the assets of the former OMF Aircraft Canada operation that closed early this year, SAI President Paul Costanzo announced in a media teleconference Tuesday afternoon. “I’m ecstatic about it,” he said. “There have been some dark days, and it’s nice to finally get here.” Costanzo, who was formerly president of OMF Aircraft, worked for seven months to pull the deal together. The first order of business will be to get the two-seat Symphony 160 (which looks outwardly very much like the popular GlaStar kitplane) to market, he said. SAI will have up to 10 of the two-seaters from Germany for sale in North America by September, and plans to be turning out new 160s in Canada by December. OMF opened its new facility in Three Rivers, Quebec, just last September. Then on Dec. 9, the parent company in Germany, OMF GmbH, declared bankruptcy. OMF Canada ceased operations in January. In April, a new German company acquired the assets of OMF GmbH. SAI completed its purchase of all the assets of OMF Canada in June, tying up the final details in the last week.

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