Van’s bankruptcy

By Marc Cook Van’s Aircraft filing for Chapter 11 bankruptcy protection this week begs the question: How can the largest and most successful company in the kit-aircraft world find itself in this situation? With more than 11,000 RVs flying and record kit sales over the last three years, it seemed Van’s was set for success. But countering […]

Van’s Aircraft announced Monday that it had filed for Chapter 11 bankruptcy protection. The company pointed to recent material and financial challenges and emphasized that this move is crucial for its reorganization.  Van’s stated it will maintain operations, producing and delivering parts, servicing customers, and fulfilling kit orders, operating under court supervision for 90 days. […]