Development History
The Yankee was originally designed in 1962 by Jim Bede as the BD-1 and was intended to be sold as a kit-built aircraft. Bede decided to certify the design under the then-new FAR Part 23 rules and offer it as a completed aircraft. No BD-1 kits were ever sold.
The prototype first flew on July 11, 1963 and featured folding wings for trailering and ease of storage. Bede formed a company, Bede Aviation Corporation, based in Cleveland Ohio, to produce the aircraft, but the BD-1 never entered production as a certified aircraft. At that time the FAA was hesitant to certify a light aircraft with folding wings. The certification process was complex and expensive and disagreements arose between Bede and the other shareholders. As a result Bede was ousted by his business partners and the company renamed American Aviation.
Read more about this topic: Grumman American AA-1
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