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Text of Press Release from the     

Alexandria Aircraft LLC



The new owners of the Bellanca Viking factory have issued this press release, which we are posting in its entirety. Please contact them directly for further information.

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Alexandria Aircraft LLC
ALEXANDRIA AIRCRAFT LLC
2504 Aga Drive
Alexandria, MN 56308

NEWS RELEASE - 20 June 2002

ALEXANDRIA AIRCRAFT LLC PURCHASES BELLANCA INC ASSETS

The Bellanca Cruisemaster, Viking and Super Viking aircraft are known for their unique wood-wing design, high performance, and outstanding quality and craftsmanship. Approximately 1700 of these aircraft have been manufactured in Alexandria, Minnesota since 1956. A new Minnesota company called Alexandria Aircraft LLC has purchased the assets of Bellanca Inc from the Minnesota Department of Economic Security. This purchase includes the type design data for Bellanca models 14-19 Cruisemaster through 17-30A Super Viking, and the Eagle Model DW-1 Agricultural Spray Airplane. We are a group of six aviation professionals with intimate knowledge of Bellanca aircraft and more than 150 years of combined experience in aircraft design/engineering, FAA certification and flight-testing, aircraft and parts manufacturing, inspection, parts sales, aircraft avionics, and aircraft repair. We intend to provide parts and services for the Bellanca models and are looking for a purchaser for the Eagle Model DW-1 Agricultural Spray Airplane including the type certificate with all the type design data and tooling, and the existing inventory of parts.

Alexandria Aircraft LLC is now in the process of restructuring the Bellanca assets to reduce overhead and make the manufacturing of parts more efficient. This will include a new computer-based production and quality control system compliant with FAR Part 21: “Certification Procedures for Products and Parts”. When we receive FAA approval of our new quality control system, we will manufacture and sell the parts most urgently needed by Bellanca aircraft owners, adding to the inventory as cash-flow and time will allow. During this initial phase, we also intend to produce new service kits which will allow owners of older Bellanca aircraft to upgrade their aircraft. Once Alexandria Aircraft LLC is established as a Bellanca aircraft parts and service provider, we will set-up an in-house operation to refurbish older Bellanca aircraft. Manufacturing new Super Viking aircraft will be initiated after our new company is well established.

Super Viking

Alexandria Aircraft LLC will be located at the northern end of the Viking Building on the Alexandria, MN Chandler Airport. Our mailing address is 2504 Aga Drive, Alexandria, MN 56308, our telephone number is 320-763-4088 and our FAX number is 320-763-4095. Bellanca aircraft owners are asked to contact us and let us know their parts and service priorities; don't forget to include your name/address/telephone number and your airplane's model / serial number.



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