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APRIL 2008
LOOP & BLADES
OUT NOW
 

 

 

 

 

 

 


 

 

 

 

 


LOOP News

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6 MAR 08: ADAMS FAMILY BREAK UP

WHILE the burgeoning appetite for VLJ seems to show no sign of slowing, it hasn’t come soon enough to save another victim of the funding crisis affecting the financial markets after fledgling US manufacturer Adams Aircraft filed for bankruptcy last month.

The firm had delivered a handful of its distinctive A500 piston planes, but was most associated with its jet-powered design of the same airframe, the A700, and its signature tailboom. The plane was at the testing stage.

The Colorado firm owes anything up to $100m and has laid off 500 workers - though rival firms quickly took the opportunity to set up a jobs fair to try and get the best staff shortly after.

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News
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THE Microlight Fair due to be held at Popham Airfield over the Bank Holiday Weekend, 3-5 May, has been cancelled.Organiser ... more
THE Light Aircraft Association (LAA) and British Microlight Aircraft Association (BMAA) are to begin work on merging the t ... more
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