Michigan Flight School Assets Sold At Auction | 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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.20.17

Airborne
04.17.17

Airborne
04.18.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Airborne-YouTube

AMA 04.20.17

Airborne
04.17.17

Airborne
04.18.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Thu, Oct 27, 2011

Michigan Flight School Assets Sold At Auction

Six Airplanes Sold To The Highest Bidder After Company Fails

A flight school in Allegan, MI has come to something of an ignoble end, and its assets, including six airplanes, were sold at auction this week to cover its debts.

Dodgen Aircraft and Skykid Aviation were grounded earlier this month, their assets siezed by the bank that had financed them. The flight school owned six airplanes when the end finally came, but the Grand Rapids Press reports that one ... a 1974 Piper Warrior ... had no engine.

The bank had reportedly been working with Skykid Aviation for some time, trying to keep them flying. But in the end, the aircraft had to be repossessed and sold. Scott Miedema, the president of Miedema Auctioneering, said it was a pretty unusual repossession job. He told the paper that one of the airplanes was flying when he and representatives of the bank showed up at city-owned Padgham Field (35D) in Allegan. He said the owners of the business were "not happy," but understood the situation and handled it professionally.

Bidding opened on the airplanes at $5,000 each. All of the airplanes, as well as the other assets of the business were sold Tuesday.

FMI: www.orbitbid.com/items.cfm?auction=2053

Advertisement

More News

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

Airborne-Unmanned 04.18.17: Drones v Volcanoes!, Boston Marathon UAVs, XPO-LIVE!

Also: State Pavilions at XPONENTIAL, MQ-8C Fire Scout, Puma UAS, Drone Bust Drones DO wind up in some of the most amazing places... As evidence by the Universities of Bristol and C>[...]

Airborne 04.21.17: Gulfstream G280, Airport $$ Abuse, Boeing Jobs

Also: Drone Power, Jerkwater Drone Regs, CBP, Wichita UAS Mtg, Cessna Accident, Co-Pilot SNAFU, Atlas Air-Polar Air Gulfstream’s super mid-size G280 recently completed two mi>[...]

Aero-News: Quote of the Day (04.23.17)

"Without that drone we would not have found it and would have just been wandering around the bush." Source: New Zealand Police Sergeant Chris Turnbull, commenting on the use of a b>[...]

ANN's Daily Aero-Linx (04.23.17)

Aero Linx: The Collings Foundation The Collings Foundation is a non-profit, Educational Foundation (501(c)3), founded in 1979. The purpose of the Foundation is to organize and supp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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