Word: voetmann
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Quest can fly above that storm. David Voetmann, along with aircraft designer Tom Hamilton, hatched the idea for the company in 1998. A former pilot who flew relief and medical-evacuation missions for a host of organizations in Africa, Voetmann realized in the '80s that someone had to develop a new bush utility plane, since refurbishing engines of old models like the Beaver was no longer cost-efficient. So he partnered with Hamilton and began tapping on the doors of nontraditional investors: missionary-aviation organizations. His hope was that they would provide seed money in exchange for Kodiaks at cost...
...created a trust to start product development. "It was a completely novel idea born out of the fact that I didn't want to raise venture capital and lose equity control of the company, nor did I want to have to pay back high-interest loans and executive salaries," Voetmann says. "Honestly, our aim was not to make money but to find a way to help others," says Hamilton...
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