May 17, 2011
By Dan Namowitz
A meeting has been scheduled for May 18 with creditors of bankrupt avionics manufacturer Narco Avionics in Philadelphia, Pa.
Philadelphia attorney Arthur P. Liebersohn, the trustee in the bankruptcy case, told AOPA in an email message May 17 that more information would be available following the session with creditors of the 65-year-old Fort Washington, Pa., company.
Some AOPA members whose radios were under repair at Narco when news circulated in April that the company had closed its doors have been trying to learn how to recover their units. Since then, both the Narco website and telephone number have only provided a short message assuring customers that a trustee would be named to liquidate assets, and that their property would be returned.
Narco’s president, Alan Hanks, deferred comment on the proceedings when contacted by AOPA May 16. Hanks said, however, that reports on websites that former employees had set up a new venture to work on company products were inaccurate.
Dan Namowitz is an aviation writer and flight instructor. He has been a pilot since 1985 and an instructor since 1990.
October 31, 2014 ePilot Training Tip: Special hours, special airspace
October 31, 2014 AOPA blasts unworkable ADS-B mandate; Ice Week
Steven Moore, executive director of the National Gay Pilots Association, died Oct. 27 when his Mooney crashed after takeoff at Boulder Municipal Airport in Denver.
VOLUNTEER AT AN AOPA FLY-IN NEAR YOU!
SHARE YOUR PASSION. VOLUNTEER AT AN AOPA FLY-IN. CLICK TO LEARN MORE >>>
VOLUNTEER LOCALLY AT AOPA FLY-IN! CLICK TO LEARN MORE >>>
BE A PART OF THE FLY-IN VOLUNTEER CREW! CLICK TO LEARN MORE >>>