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). The design was commenced in 2006 and was under development in 2011.[4]