Situation Taking Bad Turn For The Worse
Just as we were finishing off the latest update on the sad story
surrounding personal jet developer Safire Aircraft Company, word
started filtering in that the situation had gone from bad to worse.
Late word has reached ANN that the promised financing package has
fallen through and that Safire is preparing to close its doors
while it searches for a fiscal transfusion. Employees were notified
Wednesday morning of the problems they faced, and that the current
situation did not hold a specific promise of meeting their
obligations to their staff.