The Lancair Aircraft Company was founded in 1981 and sells aircraft in composite homebuild kit format. It can be assembled by the purchaser and Lancair offers a builder's assist program, where the builder can travel to the Lancair facility for assistance in the first stages of construction. The Lancair aircraft are well-known in providing the highest performance in the single-engine general aviation class.
The Lancair 360 is a two-seat aircraft powered by a Lycoming IO-360-A1B6 engine. There is also an option to install the Continental IO-550-N or the Lycoming IO-540 engines.