PPRuNe Forums - Pacific Aerospace in trouble

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PAL Certificates Suspended Amidst Financial Troubles - AVweb

"New Zealand’s Civil Aviation Authority (CAA) issued a continuing airworthiness notice on Thursday temporarily suspending the maintenance, design and manufacturing organization certificates held by Pacific Aerospace Limited (PAL). The decision was made after PAL notified the agency that the company was in financial distress. The CAA stated on Friday that aircraft produced by PAL may continue flying unless a safety or airworthiness issue is identified......"