In The Works: Adam Aircraft A700

Aviation International News » April 2008
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.

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