In The Works: Adam Aircraft A700

 - March 31, 2008, 11:57 AM

Adam Aircraft’s suspension of operations on February 11 was followed by a Chapter 7 bankruptcy filing on February 15, which means the company will be liquidated. Although Lynn Tilton, CEO of MD Helicopters, suggested at February’s Heli-Expo that her company’s financial backers might be interested in purchasing Adam’s assets, no developments along those lines have taken place.