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 Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Oshkosh Day Four

Oshkosh Day Five

Airborne Hi-Def On YouTube

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Oshkosh Day Four

Oshkosh Day Five

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

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

AutoGyro Introduces Type Certified Gyroplanes In The U.S.

Two Versions Of The Calidus Gyroplane FAA Approved The FAA has type-certified two versions of the German-built Calidus Gyroplane after the recent completion of conformity testing c>[...]

SPA Introduces Their 3.3 Liter Corvair Conversion

'Engine In Box' Option Allows Quicker Competition Times For Builders In the North Aircraft display area, Dan and Rachel Weseman of Sport Performance Aviation LLC debuted their late>[...]

Avidyne Makes Innovative Use Of IFD Series With iPads

Provide Interesting Big Glass Solutions For Both Forward Fit And Retrofit Avidyne is showcasing some innovative ‘Big Glass’ configurations in their booth at Oshkosh thi>[...]

Wipaire Helps ANN Make AirVenture Coverage Happen!

Wipaire Is A Leading Aircraft Service Provider, and the Holder Of Over 100 STCs For over 55 years, Wipaire has been engineering and manufacturing a full line of aircraft floats for>[...]

Airborne 07.26.16-Oshkosh Day 2: Solar Impulse, Sun Flyer, Stemme S-12

Also: AEA $$Giveaway$$, LAM Aviation, Able Flight, Jack Pelton On Aero-Medical Reform We start our report this morning with something that has very little to do with the EAA AirVen>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC