Steve_UK
Active Member
- Joined
- Oct 15, 2010
- Messages
- 3,881
- Location
- UK
- Aircraft
- I'm not a pilot but have been lucky enough to fly in Mi-24 Hind, Mi-2, Mi-17, Lynx HAS3, Gliders, GA
Hmm ?
Some financial challenges for Arowcopter being report on an Austrian aviation website.
original here in German
http://www.austrianaviation.net/new...chischer-gyrocopter-hersteller-insolvent.html
Google Translates as - excuse errors
At the Landesgericht St. Pölten a restructuring process began with self-administration on the FD-Composites GmbH in Lower Austria Zeillern on Tuesday. The company is best known for the development and production of Gyrocopters "Aero Copter".
This affects a total of 11 employees and 70 creditors. According to the Credit Protection Association of 1870 (KSV) are in FD-Composites against assets of 146,000 euro liabilities in the amount of 2.86 million euros. As insolvency causes high development costs, lack of distribution channels and low sales figures are known.
The company offers the creditors at a rate of thirty percent, which corresponds to the minimum statutory statement of intent. The recovery plan is to be generated one-third with the help of partner Gyrocaft Holding AG, as well as two thirds of own resources of the company, according to KSV. It is intended to continue the company with seven employees.
The Arrow Copter is a two-seater gyroplanes with a Rotax engine, which was developed in six years. He can move at a speed of 30 to 180 km / h takes only a short take-off and landing distance.
Hopefully the company and product will continue.
Some financial challenges for Arowcopter being report on an Austrian aviation website.
original here in German
http://www.austrianaviation.net/new...chischer-gyrocopter-hersteller-insolvent.html
Google Translates as - excuse errors
At the Landesgericht St. Pölten a restructuring process began with self-administration on the FD-Composites GmbH in Lower Austria Zeillern on Tuesday. The company is best known for the development and production of Gyrocopters "Aero Copter".
This affects a total of 11 employees and 70 creditors. According to the Credit Protection Association of 1870 (KSV) are in FD-Composites against assets of 146,000 euro liabilities in the amount of 2.86 million euros. As insolvency causes high development costs, lack of distribution channels and low sales figures are known.
The company offers the creditors at a rate of thirty percent, which corresponds to the minimum statutory statement of intent. The recovery plan is to be generated one-third with the help of partner Gyrocaft Holding AG, as well as two thirds of own resources of the company, according to KSV. It is intended to continue the company with seven employees.
The Arrow Copter is a two-seater gyroplanes with a Rotax engine, which was developed in six years. He can move at a speed of 30 to 180 km / h takes only a short take-off and landing distance.
Hopefully the company and product will continue.