Apex Aircraft: Resolution on Course | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.17.14 ** HD iPad-Friendly -- Airborne 09.17.14 **
** Airborne 09.15.14 ** HD iPad-Friendly -- Airborne 09.15.14 **
** Airborne 09.12.14 ** HD iPad-Friendly -- Airborne 09.12.14 **

Thu, May 22, 2003

Apex Aircraft: Resolution on Course

Apex Aircraft, manufacturer of Cap and Robin aircraft, has presented its reorganization plan to the Court in Dijon, France, on May 20.

The Court has received it favorably and has granted the requested extension of the probation period in order to present the vendors with the proposed payment plan. Vendors can expect full payment over an extended period. Court supervision is expected to end by the beginning of July.

The probation period has allowed completion of production improvements, downsizing to adjust for present market conditions and implementation of lean management techniques. Core expertise has been carefully maintained throughout the organization.

The plan includes investment in product development such as FAA validation of the french approvals of the Cap 10 C major modification and the type certificate of the Robin DR500, and German LBA approval of the Thielert diesel installation in the Robin range. The Cap 222 program continues as dedicated financing allows.

Apex will be at Oshkosh in July (booth # 220, 221, and 222).

FMI: www.apex-aircraft.com

Advertisement

More News

Airborne 09.17.14: Boeing/SpaceX Win CCtCap, Flying Docs Endorse, Jetpack Bucks

Also: Chris Heintz, Lear 70/75 Certs, Beluga Birthday, Leap Frogs 9/11 Jump Cancelled, Lawyers Sue NTSB The Commercial Spaceflight Federation congratulates NASA and the winners of >[...]

AD: Embraer S.A. Airplanes

AD NUMBER: 2014-19-01 PRODUCT: Embraer S.A. Model EMB-505 airplanes (Phenom 300)>[...]

ANN's Daily Aero-Linx (09.19.14)

Basejumper.com A site dedicated to the sport of BASE jumping. BASE is an acronym which stands for Building, Antenna, Span and Earth.>[...]

ANN's Daily Aero-Term (09.19.14): Breakout

A technique to direct aircraft out of the approach stream. In the context of simultaneous (independent) parallel operations, a breakout is used to direct threatened aircraft away f>[...]

Aero-News: Quote Of The Day (09.19.14)

"We're actually already in the process of putting some framework together, but we're going to hit the ground running when we get back in January." Source: U.S. Representative Sam G>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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