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 210hp (130 to 160kW). The design was commenced in 2006 and was under development in 2011.[4]