PPRuNe Forums - View Single Post - Alpha Aviation put into liquidation
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Old 25th Jan 2008, 01:07
  #7 (permalink)  
Rich-Fine-Green
 
Join Date: Mar 2002
Location: Under the Equator
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Not hard to do the math;

Slow deliveries / Large workforce = cashflow issues.

Even with a healthy order book, Alpha needed to ramp up or shut down.

Adam in the USA has just shut down (pending cash injection).

Columbia went the same way and Cessna got a bargain as a result.

Eclipse was staring Chapter 11 in the face late last year.

None of the above had an issue taking orders - just making deliveries/generating income.

I hope the likes of Boomerang take heed and do whatever to stay in the game.
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