Follows Devastating Fire In The Company's Hangar

A fire that ripped through the hangar where James Wiebe was developing the Chipper aircraft has led him to put the business up for sale.

Wiebe posted a notice announcing the sale on Facebook.

On June 6, our facility was burned in a severe fire. It destroyed 10 years worth of accumulated inventory, tooling, office equipment, CNC machines, and so forth. Our business insurance has provided us with a partial payback on what we owned.

We did not receive enough insurance proceeds to continue to operate. We did not have business interruption insurance. The life savings of James and Kathy were invested in the business, and it is gone now, without recovery. Therefore, James is focused on creating current and future income through electronics work.

We prioritized insurance proceeds to pay the debts of the business and, to the best of our abilities, the obligations to our customers.

We are seeking a serious buyer for the Chipper 2 design. The Chipper 2 Aircraft is, and was, a spectacular STOL performer...

We have maintained and improved our CAD database since the fire, keeping a full time employee on staff to manage customer builder questions and add details to the CAD.

We offer:

• A demonstrator aircraft with 130HP new engine
• 2 additional partially completed aircraft
• CAD design
• A community of approximately 25 builders
• An additional community of interested future builders
• A Facebook community of approximate 45,000 fans
• Parts
• Low cost manufacturing resources for machined components

Wiebe asks that serious buyers contact him at info@beliteaircraft.com.

(Source: Facebook Images from Facebook)

FMI: www.beliteaircraft.com