Century Jet grounded

 - May 19, 2008, 9:26 AM

Alliance Aerospace, the manufacturing facility in Macon, Ga., that was to continue development of the entry-level Century Jet while simultaneously performing subcontract work for Boeing and others, is bankrupt and has been shut down by Bill and Lori Northrup, principal owners of both Century Aerospace and Alliance. The facility will be sold early this month, Bill Northrup told AIN, adding that he has been unable to obtain financial backing to bring the Century Jet to fruition. “As long as I’m still alive, I’m going to build a jet,” he said. But for now, the assets of Century Aerospace are being stored in a hangar in Ellicottville, N.Y.