Epic Aircraft partners with Kingfisher Airlines owner

Dr. Vijay Mallya, billionaire owner of India's Kingfisher Airlines, now owns 50 percent of Epic Aircraft, a manufacturer of very light jets and general aviation aircraft. Mallya, through his connections as a major customer, has involved Airbus in Epic's certification process.

Rick Schrameck, president and CEO of high performance airplane manufacturer Epic Aircraft (Bend, Ore.), announced at the National Business Aviation Assn. (NBAA) show in late September a new partnership with Indian billionaire Dr. Vijay Mallya. The deal provides Epic the ability to accelerate the process of bringing the company’s growing line of aircraft to the certified market, as well as strengthening the company’s relationships with customers and vendors world wide.

“Epic was really looking for a strategic partner, not just an investor,” Schrameck explained. “Dr. Mallya now has a significant interest in our company, and we will immediately benefit from his relationships with a variety of companies, including Airbus and Pratt & Whitney.”

Dr. Mallya owns and operates India’s premiere private carrier Kingfisher Airlines. Ever since its launch, Kingfisher Airlines has redefined the whole experience of flying. His airline was among the first to order the new Airbus A-380 and is one of the pan-European aircraft manufacturer’s largest customers. Dr. Mallya is also chairman of United Breweries Group, a multinational conglomerate of more than sixty companies. His passions include aviation and cars, interests shared by Schrameck, who also holds records for wins in automobile racing and at the Reno Air Races.

Dr. Vijay Mallya commented, “I am very excited about the phenomenal opportunities that Epic has in the industry today, and this strategic investment will pave the way for the company to embark on an unprecedented growth trajectory”.

“In fact, it’s a great relationship,” Schrameck added. “Vijay has already brought Airbus into the role of consultants for our certification programs.” Epic is in the advanced stages of flight testing for the Dynasty, the 1200hp single-engine turboprop. The company recently unveiled two new Very Light Jets, the twin-engine Elite and the single-engine Victory. The jets will begin their certification process immediately following certification of the Dynasty. The Dynasty, Elite and Victory are fabricated with carbon fiber fuselages.

Epic has recently experienced an unprecedented surge in sales, booking more than $23 million dollars worth of orders at the Sun ‘n Fun fly-in April of this year, then selling another $40 million worth of aircraft only 3 months later at AirVenture in Oshkosh, Wisconsin.

For more information: www.EpicAircraft.com