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

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 11.20.17

Airborne-Unmanned 11.21.17

Airborne 11.15.17

AMA Drone Report 11.16.17

Airborne 11.17.17

Airborne-YouTube

Airborne 11.20.17

Airborne-Unmanned 11.21.17

Airborne 11.15.17

AMA Drone Report 11.16.17

Airborne 11.17.17

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

ANN Wishes Our Readers, Listeners And Viewers A VERY Happy Thanksgiving Holiday

Yes... We Will Be On A Holiday Schedule For The Rest Of Week As the Aero-News staff observes the US holiday of Thanksgiving on Thursday, we wanted to let our readers know that ANN >[...]

Airborne-Unmanned 11.21.17: Resolute Eagle UAS, Aerotain Skye, Novus Unmanned 17

Also: Mars Drone, ASTM Drones Standards, Huerta Reflects On His Tenure, UAS Delivers Acceptance Letters On Nov. 8, PAE ISR’s Resolute Eagle UAS completed its first commercial>[...]

AMA Drone Report 11.16.17: Drone Registration, Drone Journalists Jailed

Also: Terror Advisory, DRL Sim, SureFly Octocopter, Space Needle Drone Pilot, FAI-ASFC World Fly-In Expo A bill that includes a return to civilian drone registration has been inclu>[...]

Airborne-Unmanned 11.14.17: Drone Registration, AT&T's Flying COW, Pilot Charged

Also: Boeing Completes Acquisition, Drones For LAFD, DJI Seeks Transport Canada’s Help, Uber and NASA A defense authorization bill that includes a return to civilian drone re>[...]

Airborne-Unmanned 11.21.17: Resolute Eagle UAS, Aerotain Skye, Novus Unmanned 17

Also: Mars Drone, ASTM Drones Standards, Huerta Reflects On His Tenure, UAS Delivers Acceptance Letters On Nov. 8, PAE ISR’s Resolute Eagle UAS completed its first commercial>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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