Bidders line up for New Zealand's Pacific Aerospace 15 April 2021 by Jon Grevatt About 30 investors have expressed an interest in acquiring New Zealand-based Pacific Aerospace Limited (PAL), a shareholder report by the company’s liquidators said on 14 April. According to the report, PAL – manufacturer of the CT-4 military trainer aircraft – owes its unsecured creditors about NZD41.2 million (USD29.5 million) and secured creditors NZD1.7 million. Already a Janes subscriber? Read the full article via the Client Login Share