Are you the first to report contact?
Was the price gap more than 12% and what kind of timeline did they give you?
I just signed my YIO-360-M1B new contract. My engine was supposed to be ready in November and I have a serial number in my name. I'm glad to report my price increase did not reach 12%. I am in Oregon and usually pick up my kits. Van's has been shipping me backordered parts, no additional charge or postage. I belong to EAA Chapter 105 with Dick VanGrunsven. Van's is in business, just as they spelled out in the court documents. I still get answers to all my tech questions. A message from Lycoming in December stated:
Q: I ordered a Lycoming Engine through Van’s Aircraft, what’s my status?
A: Like many of you, Lycoming Engines first learned of the Van’s Aircraft’s financial
restructuring on December 4, 2023, and we are working quickly to assess the
impact of their financial restructuring.
To the extent possible, Lycoming Engines hopes to mitigate engine order delays
related to this news, and we are committed to supporting the impacted aviation
community. However, because Lycoming must work through Van’s Aircraft
pursuant to the rules of the Federal Bankruptcy Code, Lycoming cannot provide
specific engine build scheduling to Van’s Aircraft customers at this time. We
anticipate that better information will be available in mid-January 2024.
I'm thinking I'll have a motor pretty soon.