One Aviation Requests Court Approval for Asset Sale

The proposed Section 363 sale would allow debtor-in-possession Citiking International, or a higher bidder, to buy the company’s assets out of bankruptcy.

Eclipse 500/550 manufacturer One Aviation's journey through the bankruptcy process took another turn this week as the company requested court approval for the direct sale of its assets, a move that could stave off outright liquidation. (Photo: Barry Ambrose)

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By Rob Finfrock • Contributor - Business Aviation

June 19, 2019

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