The Southeast Missourian says Commander Premier Aircraft failed to post a $140,000 bond by the deadline, allowing the city to evict the company from its premises at the local airport.
That doesn’t necessarily mean an end to a valiant effort to bring back a quality aircraft that placed among the higher-end, luxurious single-engine piston aircraft. The type certificate and tooling could still be bought as a lot and kept together. So far, all efforts to find financing to do just that have been unsuccessful. European banks were asked by a potential buyer for loans with no success.
If you’ve ever wanted to own a turnkey general aviation manufacturing business, now is the chance. Failing that, the company could be sold piecemeal, greatly reducing chances of ever see another new Commander.
Alton K. Marsh
Related Articles
