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Veteran planemaker Pacific Aerospace now in full liquidation

Veteran planemaker Pacific Aerospace now in full liquidation
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

Covid and exiting shareholders brought Pacific Aerospace to earth

Covid and exiting shareholders brought Pacific Aerospace to earth
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

Pacific Aerospace/China joint venture liquidator has a complex road ahead

Pacific Aerospace/China joint venture liquidator has a complex road ahead 14 Feb, 2021 04:00 PM 5 minutes to read Just four years ago veteran Waikato planemaker Pacific Aerospace was a $30 million revenue company and its loyal staff were promised explosive growth was just round the corner through a new joint venture with Chinese state-owned juggernaut Beijing Automotive. Late on Friday afternoon, the dream nosedived when the High Court granted a supplier creditor s application for interim liquidation of the Hamilton-based company, whose legacy spans more than 70 years and has pulled out of more commercial turbulence over the decades than the Red Baron. Read More

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