Mon, Oct 30, 2023
ANN has learned that Rotor X has filed for bankruptcy in the state of Arizona.
The official documents we've seen so far indicate that Rotor X is filing their bankruptcy, pro se, and is doing so under Chapter 11 of the US Bankruptcy Code which tends to suggest that they actually think they're going to reorganize the mess that we've documented so far. Upwards of fifteen hundred pages of supporting documents have been submitted by six cities vying to earn the distinction of being named the new home of the National Championship Air Races. Respondents to the RARA’s request for proposals include: Casper, Wyoming; Buckeye Arizona; Pueblo, Colorado; Roswell, New Mexico; Thermal, California; and Wendover, Utah. A coalition of aviation stakeholder organizations issued the following joint statement pertaining to the U.S. Environmental Protection Agency’s (EPA) endangerment finding on lead in aviation gasoline (avgas) as issued 18 October 2023. All this -- and MORE in today's episode of Airborne-Unlimited!!!
Airborne 10.20.23 is chock full of info in this Daily News Episode, Thursday, October 198th, 2023... Presented by Aero-TV veteran videographer and Airborne Host Holland Lee. Holland is supported by ANN Chief Videographer Nathan Cremisino, as well as ANN CEO/Editor-In-Chief Jim Campbell. This episode covers:
- Rotor X Declares Bankruptcy
- Reno Race Replacement? Six Cities Vying to Host National Championship Air Races
- EPA Attacks Aviation: Endangerment Finding on Leaded Avgas Elicits Stakeholder Response
- Textron Introduces Citation CJ3 Gen2 Light Business Jet
- flyVbird Signs LOI for 25 Eviation 'Alice' Electric Aircraft
- Gogo 5G Selected by Canada’s Largest Fractional Operator
- Business Aviation Finance Market to Grow
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again tomorrow, for the next edition of "Airborne Unlimited" here on Aero-TV. Thanks for watching. See you, again, tomorrow!
© 2023, Aero-News Network, Inc., ALL Rights Reserved.
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