Wed, Nov 08, 2023
Van’s Aircraft is facing serious cash-flow issues resultant of a confluence of unfavorable events and circumstances...
Van’s will take some time, spanning 27 October through mid-November 2023, to evaluate means by which to most comprehensively and efficiently satisfy builder concerns regarding laser-cut parts. Also, the company will review the costs of its parts and kits. During the aforementioned period, shipments of Van’s parts will be delayed, kit orders will not be processed, and refunds will not be issued. The Rotor X situation is getting stranger by the day. After a late september Chapter 11 Bankruptcy filing, the company’s petition has been refused because Company Owner Don Shaw has failed to provide the proper records to the Trustee. Bankruptcy Judge Paul Sala dismissed the case due to “The debtor(s) having failed to file a list of creditors in the proper format as required by Local Bankruptcy Rule 1007-1.” Boeing and Southwest Airlines have entered into an agreement by which it will acquire 108 new 737 MAX-7 narrow-body jets. Southwest’s selection of the aircraft is
consistent with the airline’s modernization strategy and affords the carrier flexibility by which to expand its fleet and route structure. All this -- and MORE in today's episode of Airborne-Unlimited!!!
Airborne 10.30.23 is chock full of info in this Daily News Episode, Monday, October 30th, 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:
- Van’s Aircraft Admits To Serious Issues
- Rotor X Situation Remains Difficult
- Southwest Acquires 108 New 737 MAX-7 Jets
- SpaceX Aspires to Unprecedented 2024 Launch Cadence
- Securities Lawsuit Against Archer Dismissed
- NATA Repudiates Media Mischaracterization of Part 135
- Sierra Space & NASA Complete Dream Chaser Test
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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