The CEO of Geci International, owner of Sky Aircraft, developer of the Skylander SK-105, confirmed today the company's request to be placed into administration. The legal ruling is to be made on Thursday morning.
Le Figaro - Socits : L'avenir de l'avion made in Lorraine en suspens
M. Bitboul lives in hope of convincing the financially challenged French state to foot the bill for bringing the project to completion, but while his optimism is to be commended, there seems little chance of this government helping him meet his 2014 deadline for delivering a prototype to the market when they've even shelved plans for the extending sacred TGV network.
Can't help thinking that the French state's 100m€'s worth of aid would have been better spent on re-engineering an existing airframe. J31 perhaps?
