Preceptor Aircraft was an American aircraft kit manufacturer located in Lake Lure, North Carolina and later in Rutherfordton, North Carolina, producing kits for homebuilt monoplanes.
[4] Preceptor Aircraft was originally called Nostalgair and based in San Antonio, Texas.
Warren Mosler purchased the company's assets and appointed Bob Counts, designer of the N3 Pup, as president.
[5] By 1993, the company expanded to two buildings and produced as many as 40 kits per year.
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