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Reply To: Piper Aircraft has been sold.

Home Forums General Aviation Piper Aircraft has been sold. Reply To: Piper Aircraft has been sold.

#429917
Brian Doherty
Participant

Given that the buyer is a ‘Corporate Finance and Investment house’, without any known involvement with aviation and, the target, Piper, has ‘a strong balance sheet’ and the stated aim is to take it into new product markets, that it is not familar or involved with, nor structured to deal with, how long would you give before assets are sold off, financial restructuring is carried out and the debt laden remains are given chapter 11. I only hope that I am wrong.

Cheers Brian.:D