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.
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