backfire
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AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 1:10 am

I hear that AvCraft, maker of the 328JET, has filed for bankruptcy. Anyone else?
 
Boeing7E7
Posts: 5512
Joined: Sat Jul 31, 2004 9:35 pm

RE: AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 8:58 am

Haven't heard that. Last I heard they were ramping up and things were busy when I was at the factory a couple of weeks ago.
 
Flying-Tiger
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RE: AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 9:15 am

Filed today for bankruptcy protection with a german court. Word is that there are still some frames not yet paid by customers and AvCraft urgently needs that money. Seems that they only sold the frames inherited from FD, but never started production?!? Anyone able to verify what is actually going on?

Others say, that Bartel and the german plant manager are more or less at loggerheads and haven't tralked with each other for some time - and that AvCraft didn't fulfill its contractual obligations financially.
Flown: A319/320/321,A332/3,A380,AT4,AT7,B732/3/4/5/7/8,B742/4,B762/763,B772,CR2,CR7,ER4,E70,E75,F50/70,M11,L15,S20
 
Boeing7E7
Posts: 5512
Joined: Sat Jul 31, 2004 9:35 pm

RE: AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 9:36 am

Well that just sucks.

Mayeb that's why they were so protective while I was there. Almost to the point of assish.

[Edited 2005-03-11 01:36:50]
 
backfire
Posts: 3467
Joined: Fri Oct 06, 2006 8:01 am

RE: AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 5:06 pm

I understand that Hainan hasn't taken its jets (again) and that this is part of the problem.
 
DAL767400ER
Posts: 5084
Joined: Wed Feb 09, 2005 2:47 am

RE: AvCraft Goes Bust - Bye Bye 328JET?

Fri Mar 11, 2005 9:08 pm

It all looks bad now for what is left of Fairchild-Dornier. Just last night, they showed the auction of the 728 production line. The 728Jet prototype got sold for a measly 19,000€  Sad . And to think the same could happen to the 328 production line and the airframes still there...

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