Aviation Technology Group Bankrupt
Wash Park Prophet (Free subscription) | 05/31/2008
Aviation Technology Group, a start up general aviation manufacturer, has filed for bankruptcy under Chapter 7 . Fellow Colorado (and Centennial Airport) general aviation manufacturer Adam Aircraft filed earlier this year, but was bought out of bankruptcy by a Russian private equity firm which is reviving the business. ATG has been looking for additional financing while operating on a skeleton crew...
