Adam A500 – what’s an owner to do?

What do you do when the company that built your plane goes bankrupt and no one really seems to care?  Well the 5 owners of Adam A500 airplanes are finding out.  Although bankruptcy of aircraft manufacturers is not new the approach due to liability issues and the way they are handled is not always very “owner friendly”. 

Here is my post in response to a Denver Post Article.

“Regardless of the past owner/operator shady or not one would think the new owner would care about Public Relations. I mean I understand not wanting liability, but they did by the right to manufacture the A500 although they may not be choosing to persue it right now, because they apparently would have to spend some money to “recertify it”.

The opportunity to build some relationships with people who have spent and have the ability to spend $1 million dollars for a plane is something. I mean who do they think the market would be for the jet possibly the same people?

It is not like bankruptcy and failures are new to the aviaition industry, just look at all the various models out there that have been in and out of business several times or existed as a result of loyal owners reference Mooney, Aerostar and Commander to name a few.

There has to be some solution to at least make the specs and parts available to these owners. There have to be some partially built planes that could be used and a way to help these guys out. I mean I am sure they would bear the expense if they could just fly their “million dollar display piece”.

FAA come on lets work for a solution to let the guys fly vs be forced with a “De Lorean of the air” at least people found a way to make parts for those!”

 

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