Rheims

France's Reims Aviation saved from bankruptcy
October 12, 2007 - 10:28am

Reims Aviation, one of Europe’s few remaining independent light aircraft manufacturers and subcontractors, has been saved from bankruptcy. The Reims, eastern France commercial court lifted the bankruptcy protection order on the company but said it should be broken up and sold in two parts, with 164 of the 461 employees losing their jobs.