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10 years after the Navy, former base has bounced back

10 years after the Navy, former base has bounced back
The Brunswick Naval Air Station had been part of life in Brunswick and Topsham for half a century, and a vital part of the local economy.
Author: Don Carrigan
Updated: 9:37 PM EDT May 26, 2021
BRUNSWICK, Maine People in Brunswick and Topsham remember it well. In 2005, the Navy
and the federal government sent a message they had been dreading: the Brunswick Naval Air Station would close.
But on May 31, 2011, the base officially closed. By that time, the Midcoast Regional Redevelopment Authority had been working for several years to plan for life after the Navy. Steve Levesque was leading that work and still is, but said he still recalls the harsh reality of the closing. ....

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Eclipse Aerospace Rises Once Again

The resurgent company is focused on supporting customers and upgrading aircraft for a European fleet buyer. ....

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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. ....

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Superior City Council Pays Off $2.66 Million Kestrel Loan

Superior City Council Pays Off $2.66 Million Kestrel Loan
Sometimes you need to move forward. One of those forward-looking steps for the Superior City Council was to pay off the $2.66 million bond that they had secured on behalf of Kestrel Aircraft Company in 2012 - when the company was trying to build a manufacturing plant in the city; that deal dissolved when the company s leadership had a dispute with the State of Wisconsin. The move to pay off the bond was approved by the Superior City Council at their meeting on March 2.
The plans for Kestrel Aircraft and Superior were large in scope. Details released by the Superior Telegram show that there had been a promise of 600 jobs at a plant where Kestrel would build its K-350 model - a turboprop, carbon composite airplane . Kestrel had been making payments on the $2.66 million bond it had secured until October 2015. Since that time, the company has been in default on the loan. ....

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