News of Remos Aircraft’s death have been greatly exaggerated!  Rest easy Remos enthusiasts; this is really, really good news.

Remos Aircraft announced December 10 a generous capital infusion from investors that will significantly strengthen the company well into 2010, drastically changing the dire financial outlook of the struggling German manufacturer of light sport aircraft.

German manufacturer Remos had previously filed papers “notice of insolvency” in early December. But investors have since come through with the infusion of capital, and the notice has been withdrawn. Remos execs declined to say how much, citing investor confidentiality (boo hoo).

LSA enthusiasts have been adequately frantic. It’s the dreaded domino effect: light aircraft struggling in this recession and even market leaders like Remos hurting and other manufacturers shutting their doors, it’s no wonder consumers stand warily on the sidelines afraid to buy, compounding the problem.

“We are fully funded operational company,” said Corvin Huber, the Remos Managing Director. He stated there has been no change in ownership or control, nor any major restructuring. The company is in good standing with suppliers, meeting all obligations, and ordering materials for aircraft production.

But even market leaders like Remos are feeling the hurt of the current recession. Many manufacturers have shut their doors, leaving owners of light sport aircraft in the lurch looking for parts and supplies for their planes.

Long considered a leader in LSAs in the States, Remos was ranked fourth in market share as recently as August 2009, behind Flight Design, American Legend, and Tecnam, after an aggressive US marketing campaign. LSA owners and admirers were hitting the blogosphere incessantly when Remos showed signs of faltering. Now, there is hope and then some!