Grob Aerospace

September 30, 2008 - 5:25am

Bombardier is scrambling to develop new production plans for the midsize Learjet 85 after dropping troubled Grob as the supplier of the airplane’s composite fuselage.

The Canadian manufacturer last month terminated its contract for the Learjet 85 fuselage in the wake of Grob’s German affiliate filing for insolvency.

September 30, 2008 - 5:14am

Grob Aerospace CEO Niall Olver has been given more time to secure fresh investors for the insolvent German manufacturer of the SPn light business jet. Insolvency administrator Dr. Michael Jaffé has recommended to the German court in which Grob Aerospace GmbH filed for insolvency on August 18 that the company’s bankruptcy protection be extended beyond the initial 30-day assessment period.

September 30, 2008 - 4:59am
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Bombardier has terminated its contract with Grob Aerospace AG of Switzerland to develop the composite structure for the Learjet 85. Grob’s German affiliate filed for insolvency on August 18. In a statement released on September 18, Steve Ridolfi, president of Bombardier Business Aircraft, said, “Given the uncertainty surrounding Grob’s insolvency, Learjet has decided to terminate its agreement with Grob Aerospace, effective Sept. 17, 2008.

September 18, 2008 - 12:36pm

Bombardier has terminated its contract with Grob Aerospace AG of Switzerland to develop the composite structure for the Learjet 85. Grob’s German affiliate filed for insolvency on August 18. In a statement released this afternoon, Steve Ridolfi, president of Bombardier Business Aircraft, said, “Given the uncertainty surrounding Grob’s insolvency, Learjet has decided to terminate its agreement with Grob Aerospace, effective Sept. 17, 2008.

September 5, 2008 - 5:39am

AAI Acquisition, which purchased the assets of bankrupt Adam Aircraft Industries earlier this year, has named aviation industry veteran Jack Braly the company’s new president and CEO.

August 29, 2008 - 6:21am

George Antoniadis, the president and CEO of Alpha Flying’s PlaneSense fractional ownership program, is standing by the company’s order for 25 Grob SPns. “We do feel that it is the right aircraft for us, and at this time we’re sticking with it,” he told AIN. Grob Aerospace filed for insolvency on August 18 after a “loan provider” withdrew financial support of the SPn program.

August 29, 2008 - 5:49am
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Grob Aerospace GmbH filed for insolvency in Germany on August 18 after its main source of capital suddenly withdrew financial support for the new SPn light business jet program. Grob CEO Niall Olver said that the undisclosed investor had pulled out due to delays in the SPn certification program and resulting increases in the amount of money required to get the aircraft into service.

August 21, 2008 - 12:00pm

George Antoniadis, the president and CEO of Alpha Flying’s PlaneSense fractional ownership program, is standing by the company’s order for 25 Grob SPn midsize jets. “We do feel that it is the right aircraft for us, and at this time we’re sticking with it,” he told AIN. “We have not canceled our order.” Grob Aerospace filed for insolvency on Monday after a “loan provider” withdrew financial support of the SPn program.

August 19, 2008 - 11:09am

Grob Aerospace yesterday filed for insolvency in Germany after its main source of capital suddenly withdrew financial support for the new SPn light business jet program. Grob CEO Niall Olver said the undisclosed "loan provider" had pulled out due to further delays in the SPn certification program and resulting increases in the amount of money required to get the aircraft into service.

July 12, 2008 - 3:58am

France’s Safran is to supply major equipment packages for the new, all-composite Learjet 85, adding to its growing presence aboard Bombardier business aircraft.  Under the terms of a deal signed in Montreal on July 4, Safran subsidiaries Messier-Bugatti and Aircelle will respectively provide the landing gear and nacelles and their associated systems.

 
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