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 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.17.17

Airborne-Unmanned 03.21.17

Airborne-YouTube

AMA 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.17.17

Airborne-Unmanned 03.21.17

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

Airborne-Unmanned 03.21.17: Heron 1 FOC, Canadian UAVs BVLOS, Quad Inspects C17

Also: Terra Drone, senseFly partners with MicaSense, Quadcopter Topology Optimization The Heron 1 UAV has attained Full Operational Capability (FOC), allowing two Republic of Singa>[...]

Airborne 03.22.17: Canada Drone Regs, Fuller On ATC, Harrier For Sale

Also: Affordable ADS-B, Mars Beer, Best Tugs, Collins TXP, CAE 70th, Historic WWII Tour, RARA Design Contest The Canadian government had released new regulations for recreational d>[...]

Airborne 03.21.17: Longmont NIMBYs, Lost Orbiter, Airline Transparency

Also: VIP TFR Relief, Aero-Calendar, ACC CoC, C17 Drone Inspection, Flamingo Air, TSA Shame, NBAA Scholarships One of the most persistent, if not outright obnoxious, anti-airport N>[...]

Airborne 03.22.17: Canada Drone Regs, Fuller On ATC, Harrier For Sale

Also: Affordable ADS-B, Mars Beer, Best Tugs, Collins TXP, CAE 70th, Historic WWII Tour, RARA Design Contest The Canadian government had released new regulations for recreational d>[...]

Rotax To Offer Public Information Sessions At Sun 'N Fun

Workshops Targeted To Those Who Want To Learn More About The Engines During the Sun ‘n Fun International Fly-In & Expo 2017 in Florida, the Rotax Flying and Safety Club (>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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