CubCrafters Inc. Appeals to Soaring Market Segment with Light Bush Plane Product, Pending Public Offering
The market for light and ultralight aircraft is expected to grow at a CAGR of 5.9 percent between 2022 and 2030, achieving sales of $11.9 billion Backcountry aircraft developer CubCrafters is awaiting SEC qualification for a public offering, to take advantage of rising interest in this sector of the aviation industry The Yakima, Wash.-based company has been building airplanes modeled on the classic Piper PA-18 Super Cub for over 40 years and has advanced to designing its own aircraft based on the same legacy Yakima, Wash.-based aircraft manufacturer CubCrafters has started a takeoff roll toward blue skies that offer the…