Apex Aircraft: Resolution on Course | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 01.16.17

Airborne 01.17.17

Airborne 01.18.17

Airborne 01.19.17

Airborne 01.20.17

Airborne Hi-Def On YouTube

Airborne 01.16.17

Airborne 01.17.17

Airborne 01.18.17

Airborne 01.19.17

Airborne 01.20.17

Thu, May 22, 2003

Apex Aircraft: Resolution on Course

Apex Aircraft, manufacturer of Cap and Robin aircraft, has presented its reorganization plan to the Court in Dijon, France, on May 20.

The Court has received it favorably and has granted the requested extension of the probation period in order to present the vendors with the proposed payment plan. Vendors can expect full payment over an extended period. Court supervision is expected to end by the beginning of July.

The probation period has allowed completion of production improvements, downsizing to adjust for present market conditions and implementation of lean management techniques. Core expertise has been carefully maintained throughout the organization.

The plan includes investment in product development such as FAA validation of the french approvals of the Cap 10 C major modification and the type certificate of the Robin DR500, and German LBA approval of the Thielert diesel installation in the Robin range. The Cap 222 program continues as dedicated financing allows.

Apex will be at Oshkosh in July (booth # 220, 221, and 222).

FMI: www.apex-aircraft.com

Advertisement

More News

Could have Been Worse -- FAA, Skypan International Reach Fine Agreement

Company Had Faced A $1.9 Million Fine A comprehensive settlement agreement has been reached between the FAA and SkyPan International, Inc., of Chicago. The agreement resolves enfor>[...]

Airborne 01.18.17: AirVenture 2017, King Schools Drone Test, Tico Warbirds

Also: Plastic Fuel, 747 Down, Great Lakes, Lily Suit, Neffenger Stepping Down, Coast Flt Training, Boeing-SpiceJet EAA-AirVenture is many things to many people, and not the least o>[...]

Airborne 01.18.17: AirVenture 2017, King Schools Drone Test, Tico Warbirds

Also: Plastic Fuel, 747 Down, Great Lakes, Lily Suit, Neffenger Stepping Down, Coast Flt Training, Boeing-SpiceJet EAA-AirVenture is many things to many people, and not the least o>[...]

Airborne 01.17.17: Gene Cernan, KSMO NIMBY's Threaten AvBiz, Lily Drones Kaput

Also: Gone West: Bill Bordeleau, Aero-Calendar, Duncan Aviation, Norwegian Air, Drone Advisory, QinetiQ, Drone v Space Needle We’re sorry to report that, according to a Tweet>[...]

FAA Issues AD For Diamond DA42 Aircraft

Has Received Reports Of Uncommanded Engine Shutdowns In Flight The FAA has issued an AD for Diamond DA42 aircraft following reports of uncommanded engine shutdowns in flight.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC