The company specializes in the design and manufacture of light aircraft in the form of ready-to-fly aircraft for the American light-sport aircraft category, and the European Fédération Aéronautique Internationale microlight category.

[1][2] The company was formed on 1 November 1990 as Ultralivianos Ibis Ltda, but on 1 June 2006 changed its name to Ibis Aircraft S.A. to present a more international image.

[2][3] The company produces a range of two seat high wing monoplane light sport aircraft.

The Ibis GS-700 Magic has a European microlight version.

[1][2] The Ibis GS-750 Grand Magic is a four-seat development of the same basic design powered by engines of 180 to 210 hp (130 to 160 kW).