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Adam Aircraft suspends operations

Feb. 13, 2008, Englewood, Colorado, On Feb. 11, 2008, Adam Aircraft Industries suspended operations at its facilities in Colorado.


February 13, 2008  By Carey Fredericks

Feb. 13, 2008, Englewood, Colorado, On Feb. 11, 2008, Adam Aircraft Industries suspended
operations at its facilities in Colorado. This measure was
required due to the inability of the company to come to terms with
their lender for funding necessary to maintain business operations. The
company is currently exploring all of its alternatives and will provide
further guidance when decisions are made, which is expected to be later
this week.

 

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