Airborne 11.15.17: XCOR BK, V-22 Osprey Milestone, GAMA 3rd Quarter Stats | Aero-News Network
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Airborne 11.15.17: XCOR BK, V-22 Osprey Milestone, GAMA 3rd Quarter Stats

Also: UK Airport Cancellation, Gone West: Robert Wagstaff, EASA Certifies Bell 505, USN's 1st MQ-4C Triton

This is a heartbreaker, as we were big fans of XCOR Aerospace -- which filed for Chapter 7 bankruptcy, according to federal court documents filed last week. The 18-year-old company will be liquidated in an effort to satisfy its creditors.

According to the court filing, XCOR has assets valued at between $1 million and $10 million, against liabilities estimated between $10 million and $50 million. Bell Helicopter and Boeing have marked a milestone for the Bell Boeing V-22 fleet of tiltrotor aircraft, including both CV-22 and MV-22 variants. The aircraft has surpassed 400,000-flight hours. The V-22 Osprey has been continuously deployed since entering service in 2007 with the US Marine Corps (USMC) and the Air Force Special Operations Command (AFSOC) in 2009. GAMA has published the 2017 third quarter shipment and billings for GA aircraft. General aviation airplane shipments increased by 1.7 percent and rotorcraft shipments increased by 7.7 percent, year-to-date. Airplane billings, however, declined slightly to $13.2 billion, a 2.8 percent decrease over 2016, while rotorcraft billings increased by 8.8 percent, to $2.7 billion. All this -- and MORE in today's episode of Airborne!!!

Airborne 11.15.17 is chock full of info in this Daily News Episode, Wednesday, November 15th, 2017... Presented by Aero-TV veteran videographer and Airborne Hosts Brianne Cross, Christopher Odom, and Laura Hutson, and is supported by ANN CEO/Editor-In-Chief Jim Campbell, Chief Videographer Nathan Cremisino, and Aero-Journalist Tom Patton, this episode covers:
 

  • XCOR Files For Bankruptcy 
  • V-22 Osprey Fleet Tops 400,000 Flight Hours 
  • GAMA Third Quarter Stats Released
  • U.K. Airport Cancels 2018 Airshow 
  • Gone West: Alaska Pilot And Noted Attorney Robert Hall Wagstaff
  • EASA Certifies Bell 505 Jet Ranger X 
  • NGC Delivers First Operational MQ-4C Triton To US Navy

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!

© 2017, Aero-News Network, Inc., ALL Rights Reserved.

FMI: www.airbornetv.net, www.aero-news.net, www.aero-tv.net, www.youtube.com/aerotvnetwork, https://vimeo.com/aerotvnetwork, http://twitter.com/AeroNews

 


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