Judge Authorizes Sale and Possible End To The Bankruptcy Turmoil
Facing tough economic conditions, some fairly unsavory foes, and the up-hill battle to get a new variant of the Eclipse VLJ certified and produced, One Aviation may finally be ready to come in out of the cold... maybe. Just, maybe. A once favored Chinese suitor, CitiKing, having failed to complete the purchase of the company and who is blaming the pandemic for this issue, failed to convince BK Court Judge Christopher Sontchi to forbid the sale of the company to another party after One Aviation sought other purchasers when CitiKing drug their feet just a bit too long -- or so One Aviation felt. Late last week, they got the go-ahead to seek another purchaser, though one has been