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Smoother Sailing for Eclipse Aero with AML at Helm


 - April 7, 2021, 11:25 AM
The skies look much brighter for Eclipse 500 very light jet owners more than four months after international fuel supplier AML Global purchased the assets of that program out of bankruptcy. Once again operating under the name Eclipse Aerospace (EAI), top priorities for the company include stabilizing parts, maintenance, and AOG support for owners and shoring up vendor relationships, interim CEO Mike Press told
AIN.
Most, if not all, vendors have an interest in returning, especially after hearing about our plans to refurbish/upgrade the fleet aircraft and possible future plans for production of the [Eclipse] 550, Press said. AML Global s backing allows EAI to pay vendors in advance, he added. ....

United States , Eclipse Aviation , Eclipse Aerospace , North American , New Mexico Based , Kestrel Aircraft , Ozone Aviation , ஒன்றுபட்டது மாநிலங்களில் , கிரகணம் விமான போக்குவரத்து , கிரகணம் விண்வெளி , வடக்கு அமெரிக்கன் , புதியது மெக்ஸிகோ அடிப்படையிலானது , கெஸ்ட்ரல் வான்கலம் , ஒன்று விமான போக்குவரத்து ,

Court Converts One Aviation Bankruptcy Case to Liquidation


 - February 19, 2021, 12:31 PM
With most of its salable assets already in the hands of other entities, the nearly six-year run of Albuquerque, New Mexico-based One Aviation came to an end Thursday with an order by U.S. Bankruptcy Court Judge Christopher S. Sontchi to liquidate the company’s remaining assets.
“I ve lost confidence in management,” Sontchi said in converting One Aviation s reorganization effort, which began in October 2018, to Chapter 7 liquidation. “We need an independent fiduciary to come into this case and have a look at it…we need to stop the music here.”
None of the remaining parties in the case opposed the ruling, including Citiking International, which had intended to take control of One Aviation upon its exit from Chapter 11 reorganization. However, the Chinese-backed entity repeatedly failed to make good on its court-approved emergence plan, leaving One Aviation to pursue alternatives to keep the company whole. ....

Christophers Sontchi , Citiking International , Us Trustee Program , Global Eclipse , Us Bankruptcy Court , Nautical Hero Group , New Mexico Based One Aviation , Court Judge Christopher , Ozone Aviation , Aviation News , சிட்டிக்கிங் சர்வதேச , எங்களுக்கு அறங்காவலர் ப்ரோக்ர்யாம் , உலகளாவிய கிரகணம் , எங்களுக்கு திவால்நிலை நீதிமன்றம் , கடல் ஹீரோ குழு , புதியது மெக்ஸிகோ அடிப்படையிலானது ஒன்று விமான போக்குவரத்து , நீதிமன்றம் நீதிபதி கிறிஸ்டோபர் , ஒன்று விமான போக்குவரத்து , விமான போக்குவரத்து செய்தி ,