single piston

Glasair III

Lycoming IO-540-K1H5 / -K1G5, 300 hp angle-valve FI

Glasair III high-performance composite kit airplane in flight
Photo: FlugKerl2 via Wikimedia Commons , licensed under CC BY-SA 3.0 .
Typical cost/hr
$241.60
Fuel @ 65%
13.5 gph
Engine TBO
2000 hr
Overhaul
$50,000$75,000

The Glasair III is the high-performance side of the experimental kit market. It's a composite two-seat side-by-side with retractable gear, a 300 hp Lycoming IO-540 angle-valve engine, and cruise speeds that approach 200 KTAS. The airframe is shaped for speed first, useful load second, and economy never. Most cruise at 180 to 195 KTAS, burn 13 to 15 gph, and trade short-field handling for serious cross-country pace.

The Glasair III is also the kit airplane that introduced most of its owners to composite construction and to the maintenance demands of a true high-performance single. This page covers what an actual Glasair III costs in 2026, what changes about ownership versus a fixed-gear Van's, and what to look for on a pre-buy of a 30-plus-year-old composite airframe.

History

Stoddard-Hamilton Aircraft, the original Glasair company, started in 1980 in Arlington, Washington. The first Glasair was a low-wing two-seat composite kit that offered better performance than the dominant aluminum kits of the era. The Glasair II followed in the mid-1980s with refined construction and a wider engine range. The Glasair III arrived in 1988 as the high-performance flagship, designed around the Lycoming IO-540 angle-valve and intended to compete with the fastest piston singles in general aviation.

Stoddard-Hamilton sold complete kits through the 1990s. The company changed hands several times and the kit business eventually moved to Glasair Aviation in Arlington, which continues to support the legacy fleet as of 2026 but doesn't actively sell new Glasair III kits. The fleet is therefore finite. Most flying Glasair IIIs were completed between 1990 and 2010, with a small number of more recent builds finished from old kits.

As of mid-2026, fewer than 300 Glasair III airplanes are estimated to be flying in the United States. The community is smaller and more specialized than the Van's community. Pre-buy expertise is concentrated in a handful of inspectors and shops, mostly in the Pacific Northwest where the type originated. Glasair Owners Association is the primary type club.

Performance

The Glasair III is built for cruise speed. At 8,000 feet with the 300 hp IO-540 angle-valve, the airplane turns 180 to 195 KTAS at 75% power, burning 13 to 15 gph. Lean-of-peak operation pulls cruise burn down to 12 to 13 gph at long-range power settings. That's directly competitive with a Cirrus SR22 normally aspirated and faster than a Bonanza A36 by 15 to 20 knots.

Useful load is the trade. A typical Glasair III with full fuel (90 gallons) has 520 to 580 pounds left for two adults and bags. That's the load you'd find in a slow two-seater, not a serious cross-country airplane. Most Glasair III pilots fly with partial fuel and longer legs are limited by passenger and bag weight rather than tank capacity. Range at full fuel works out to 1,100 to 1,300 nm with reserves.

Handling is everything you'd expect from a small composite retractable. Light controls, fast roll rate, and quick energy management. The airplane is not a forgiving short-field airplane. Stall speed is high (about 65 knots), pattern speeds run 110 to 120 knots, and landing distance reflects the high wing loading. Most Glasair III pilots operate from runways of 3,000 feet or longer.

Powerplant

The Lycoming IO-540-K1G5 (300 hp angle valve, fuel injected) is the canonical engine. Some Glasair IIIs run the IO-540-K1H5 or other angle-valve variants. All produce 300 hp at takeoff and share the same maintenance profile. Lycoming's published TBO for the angle-valve IO-540 K series is 2,000 hours per Lycoming Service Instruction 1009 BE, advisory in experimental service.

Field overhaul of an IO-540 angle-valve runs $50,000 to $75,000 in 2026 at a name-brand shop. The angle-valve adds $5,000 to $10,000 to overhaul cost versus a parallel-valve IO-540 because of more complex valve train work. Factory rebuild is closer to $95,000 to $110,000 at current Lycoming pricing. Owner-assisted overhauls are legal in experimental service and the Glasair community has shop recommendations for shops that handle angle-valve work well.

The Hartzell HC-I3YR three-blade constant-speed prop is the most common. Composite three-blade props from MT are popular alternatives on later builds. Both run on a 2,400-hour or six-year overhaul cycle per Hartzell Service Letter HC-SL-61-61Y Rev 12. Hartzell overhaul runs $4,500 to $7,500 in 2026. The MT composite is in a similar range.

Cost of ownership

The Glasair III is one of the more expensive experimentals to operate per hour. The IO-540 angle-valve burns more fuel than most piston singles, the retractable gear adds maintenance complexity, and the composite airframe demands specialized inspection knowledge.

If you built it: fuel runs $80 to $110 per hour at $5.50 to $7 per gallon and 13 to 15 gph. Engine reserve is $25 to $38 per hour ($50,000 to $75,000 overhaul amortized across 2,000 hours, with experimental TBO advisory). Prop reserve is $2 to $3 per hour. Airframe maintenance reserve is $15 to $25 per hour, the high end of the experimental range because of retractable gear and composite-specific work. All-in at 100 hours a year runs $140 to $195 per hour, plus $5,000 to $9,000 in annual fixed costs.

If you bought it used: realistic all-in at 100 hours a year is $170 to $230 per hour. Insurance is meaningful. Composite retractable airplanes with 300 hp engines carry premiums in the $4,000 to $7,000 range for experienced pilots. New buyers with limited Glasair time face $6,000 to $10,000 in first-year premiums.

Acquisition cost in mid-2026 runs $130,000 to $195,000 for a clean Glasair III with a working glass panel and recent paint, $195,000 to $275,000 for a low-time example with current avionics. The Glasair III market is thin and prices vary widely based on build quality, engine time, and avionics.

Fixed cost Range Frequency
Hangar (mid-size or larger field)
Composite airplanes benefit from indoor storage to limit UV exposure and thermal cycling.
$250$600 monthly
Condition inspection (A&P sign-off, non-builder)
Retractable gear, composite airframe, and angle-valve engine all extend inspection time.
$700$1,500 annual
Insurance (builder, 100+ hrs in type)
$3,500$6,000 annual
Insurance (used buyer, no Glasair time)
Hull values and retractable-gear high-performance category drive premiums up. Transition training is essential for both safety and insurance.
$5,000$9,500 annual

Estimate the cost for your situation

Defaults are pre-filled for the Glasair III. Tweak fuel price, hangar, insurance, and hours to match your scenario.

Your cost per hour
$241.60
Glasair III · Lycoming IO-540-K1H5 / -K1G5, 300 hp angle-valve FI
100 hrs/yr · 65% cruise
Per month
$2,013
Per year
$24,160
Cruise power
Pre-populated values are sourced estimates. Verify with the POH and a current quote before buying.

Common issues & gotchas

Composite airframe inspection requirements

high

Glasair III composite construction is different from aluminum airframe inspection. Look for delamination, attach hardware corrosion, and any signs of UV or thermal damage. Pre-buy must be done by an inspector familiar with composite airframes specifically. Budget $2,500 to $4,500 for a thorough composite-aware pre-buy.

Build quality variance

high

The Glasair III was built by individual builders, some with composite experience and some without. Build quality varies. Particular attention should go to wing spar attach, gear retract mechanism, and any composite repairs documented in the build log.

Retractable gear system condition

high

The Glasair III gear retract system is hydraulic and has historically been a maintenance focus area. Pre-buy should include cycling the gear multiple times, verifying microswitch operation, and checking the hydraulic system for leaks. Gear-up landings have occurred in the fleet history.

Repairman certificate doesn't transfer

moderate

The original builder's repairman certificate stays with the builder. Used buyers can still do most of their own maintenance, but the annual condition inspection requires an A&P sign-off at $700 to $1,500 a year. Finding an A&P comfortable with composite airframes can be challenging in some regions.

IO-540 angle valve cylinder wear

moderate

The IO-540 angle valve has a documented top-overhaul-needed-before-TBO pattern in some installations. Pre-buy should include compression checks and borescope inspection. The Glasair III installation runs the engine relatively hard, so cylinder work is common between 1,200 and 1,800 hours.

Paint and gel coat condition

moderate

Composite airplanes are sensitive to UV exposure. Original gel coat or paint on older Glasair III airframes is often showing decades of UV damage. Repaint of a composite airplane is more involved than aluminum and runs $20,000 to $35,000 in 2026 done properly.

Who it's for

Good fit for

  • Cross-country pilots who want 190 KTAS on 13 to 14 gph
  • Experienced retractable-gear pilots transitioning into composite construction
  • Owners willing to do most of their own maintenance and find composite-savvy mechanics
  • Buyers who fly long legs from runways longer than 3,000 feet
  • Owners who can budget for a careful composite-aware pre-buy

Less good for

  • Short-field operations (high stall speed and long landing distance)
  • Pilots without retractable-gear experience
  • Buyers who want to outsource all maintenance to a typical FBO
  • Owners who carry four people or significant baggage (two-seat with tight useful load)
  • Anyone uncomfortable with composite repair and inspection requirements

The verdict

The Glasair III is for the cross-country pilot who wants experimental economics and 190 KTAS cruise without paying Lancair money. The IO-540 angle-valve is well-supported, the airframe is fast and stable in cruise, and the operating cost per nautical mile is competitive with much more expensive certified airplanes. For a pilot who fits the mission profile and can find the right pre-buy inspector, the Glasair III delivers tremendous value.

But the Glasair III is not a forgiving first experimental. The retractable gear, composite construction, high stall speed, and high-performance engine all need pilot experience and committed ownership. Buyers should budget for transition training with a current Glasair III pilot, expect the pre-buy to be more involved than on an aluminum airplane, and accept that finding qualified mechanics outside the Pacific Northwest can take work.

Cross-shop these

Type club

Glasair Owners Association →

Glasair Owners Association is the primary type club for the Glasair family, with active sections covering the Glasair I, II, III, and Super II. The association maintains technical resources, service bulletin tracking, and a member roster of qualified inspectors. EAA chapter membership is the other essential affiliation, especially for builder support and condition inspection sign-off referrals.

Frequently asked

How much does a used Glasair III cost in 2026? +

A clean Glasair III with a working glass panel and recent paint runs $130,000 to $195,000. Low-time examples with current avionics run $195,000 to $275,000. The market is thin and prices vary widely based on build quality, engine time, and avionics. Composite-aware pre-buy is essential before any purchase.

Is the Glasair III hard to fly? +

It's a high-performance composite retractable with light controls and high pattern speeds. Stall speed is about 65 knots and approach speeds run 90 to 95. The airplane is not forgiving of slow approach speeds, late gear extension, or rushed pattern work. Insurance underwriters typically require retractable gear experience, complex airplane endorsement, and transition training with a current Glasair pilot before quoting.

What's the typical fuel burn for a Glasair III? +

An IO-540 angle-valve Glasair III burns 13 to 15 gph at cruise. Lean-of-peak operation with a six-cylinder engine monitor pulls cruise burn down to 12 to 13 gph at long-range power settings. That's similar to a Bonanza A36 at lower cruise speed and roughly the same as a Cirrus SR22 normally aspirated.

Can I do my own maintenance on a used Glasair III? +

Mostly yes for routine maintenance, but composite work and retractable gear maintenance require specialized knowledge. Experimental rules allow you to do most maintenance and repairs yourself. The annual condition inspection requires an A&P sign-off at $700 to $1,500 a year. Finding an A&P comfortable with composite airframes can be challenging outside the Pacific Northwest.

How does the Glasair III compare to a Lancair IV? +

Both are high-performance composite retractables. The Lancair IV is faster (200-plus KTAS), more capable on long legs, and meaningfully more demanding to fly. The Lancair IV-P adds pressurization. The Glasair III is a step down in capability and a meaningful step down in demands on the pilot. The Lancair IV has a much more serious accident history and demands LOBO training. For most pilots, the Glasair III is the more sensible choice.

Are Glasair III kits still available? +

No new kits are actively sold. Glasair Aviation in Arlington, Washington still exists and supports the legacy fleet with technical service, but they no longer ship new Glasair III kits. A small number of unfinished kits occasionally surface in the market. The fleet is therefore finite and trades in a thin used market.

Data sources