Hi all! This is my proposal for a new logo for 
The main idea for this logo is stylized image of a sailplane. Firstly I have made several elliptical shapes, and then started to experiment with them - like rotating and positioning. With the virtual segment delete tool some forms were removed. At the end I just filled the ramain segmets with color and paste the text on a circle shape. The font is somehow interesting one, named "Kitoko". I've decided to use one of the colors from the current logo.
Colored version
Black on White / White on Black
Software used: CorelDraw X6
Link for the logo in vector format.