Insurance for gyroplanes has traditionally been difficult to acquire, as it has for many other sport aircraft. We do hope insurance availability will improve with the advent of the FAA's Light Sport Aircraft rules. We are excited to be able to announce the new gyroplane insurance carrier above. With the issuance now of the new gyroplane Design and Performance standards, we may now start seeing reasonable insurance prices.
We are pursuing additional insurance options, but, even when available, insurance costs certainly encourage good training, stable, safe and reliable aircraft, and responsible flying. With these attributes, gyroplanes hold the potential to be, by far, the safest sport aircraft available. Our overall purpose of involvement with Magni Gyro is to demonstrate the reality of this potential. Our introductory and training program is intended to screen potential Magni fliers and provide the best in training and understanding of the essential gyroplane knowledge elements.