Commander Premier Aircraft Considers Sale | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 10.31.14 ** HD iPad-Friendly -- Airborne 10.31.14 **
** Airborne 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **

Thu, May 08, 2008

Commander Premier Aircraft Considers Sale

Inquiries Lead CPAC To Explore Options

Commander Premier Aircraft Corporation (CPAC) announced Wednesday its Board of Directors will consider "responsible" offers to purchase the company, after receiving inquiries about a purchase of, or a controlling interest, in the company.

As ANN reported, CPAC was formed in 2005 by 50 owners of Commander aircraft to acquire the assets of bankrupt Commander Aircraft Company, the former manufacturer of Commanders. CPAC intended to build new Commanders and provide parts and service to the existing fleet of some 1,000 Commanders; in the interim, CPAC provided FAA annual inspection, maintenance, and repair services to Commander owners, as well as parts it acquired from CAC.

While the company has not yet delivered a new Commander airplane, it has made strides in other areas. In March 2007, following an FAA audit of its Quality Control System, CPAC received Parts Manufacturer Approval from the FAA, authorizing the company to put aircraft parts in the sky based on its own fabrication inspection system.

Production equipment has been set up at CPAC’s facility at Cape Girardeau Regional Airport, and the company says it's ready to commence ramping up for the assembly of new Commander aircraft.

"While CPAC has always been open to being acquired, it has concentrated its own efforts on raising production financing and continuing its ramp up as an independent company," a letter from the company states. "However, prompted by recent purchase inquiries, and acknowledging the general paralysis of the financing market, CPAC’s Board of Directors approved CPAC announcing that it would consider responsible offers for the purchase of all, or a controlling interest, in CPAC."

FMI: www.commanderpremier.com

Advertisement

More News

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Classic Aero-TV: ‘Have it Your Way!’ – The SPA Panther

A New Single-Seat SportPlane Shows Great Potential For Serious Fun While at the Sport Aviation Expo 2014, ANN CEO and Editor-In-Chief, Jim Campbell stopped by to talk with Dan Wese>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-21-07 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D24 (Regional Jet Series 900) airplanes>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-21-10 PRODUCT: Certain Airbus Model A330-200 and -300 series airplanes, and Model A340-200 and -300 series airplanes.>[...]

ANN's Daily Aero-Linx (10.31.14)

Ex-MACs This group is made of retired McDonnell Engineers, most of whom began their careers at MAC either on the F101, F3H or F4H programs.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC