NorthPoint Aviation Acquires Soloy Aviation Solutions

Full document text

FOR IMMEDIATE RELEASE NorthPoint Aviation purchases Soloy Aviation Solutions NorthPoint Aviation, located in Brainerd Minnesota has come to an agreement to acquire all assets of Soloy Aviation Solutions including the fixed wing, engine, and helicopter STC’s, currently produced by Soloy Aviation including Tradwind’s converted Beechcraft turbine A36 Bonanzas. NorthPoint Aviation includes a dedicated team of highly skilled personnel that have over 75 years of combined aviation experience. They will continue to provide worldwide support of the 25 FAA approved Supplemental Type Certificates (STC’s) for aircraft fixed wing, helicopter and aircraft engine STC’s as well as 23 foreign approvals of Soloy Aviation Solutions products. NorthPoint Aviation is a growing, full-service fixed base operation, offering aircraft sales, brokering & acquisition, aircraft maintenance, avionics & instrument repairs and installations, aircraft management, flight training, aviation fuel sales, aircraft paint and interior refurbishments. NorthPoint Aviation manages a certified FAA Repair Station for their aviation maintenance and avionics customers as well as being a factory approved Cirrus Aircraft and Cessna Aircraft Service Center. NorthPoint Aviation is the home of the NorthPoint XP470 engine performance upgrade for your Cessna 180 or 182 series aircraft(formally P Ponk O-470-50). NorthPoint Aviation’s flight training department has recently been approved as a factory approved Cessna Pilots Center for flight training. They also offer factory certified Beechcraft A36 turbine and Cessna 206 turbine initial and recurrent training. The new ownership will continue to operate as Soloy Aviation using the Soloy Aviation website (www.soloy.com), soloy@soloy.com domain, phone/fax numbers and will continue to produce products at the Olympia, Washington airport (KOLM). Sales, parts, and technical support will be transferred to NorthPoint Aviation’s Brainerd Minnesota location. A listing of currently supported STC’s can be found on the company website at www.northpointaviation.net. David Stauffer 5010Y, LLC’s Managing Member said, “I am excited to see the restructuring of Soloy Aviation Solutions and am pleased that it will be in the hands of the North Point Aviation team that will continue to provide quality product support and customer service for years to come”. About Soloy Aviation Solutions & 5010Y, LLC Founded by aviation pioneer Joe I. Soloy and his wife Phyllis Soloy, in 1969 as Soloy Conversions Ltd., the company grew to become a world-renowned Washington State based company, specializing in fixed and rotary-wing aircraft power and performance improvements. 5010Y, LLC was established by David Stauffer in 2019 for the sole purpose of providing uninterrupted support for Soloy products worldwide. 5010Y’s ownership team has been dedicated to Joe’s dreams of developing new concepts that improved operations with added safety for over 44 years. NorthPoint Aviation • 16384 Airport Rd. Suite #8 Brainerd, MN 56401 • www.northpointaviation.net