Aveos airframe business to be sold for $10.8M
Thursday June 28th 2012 - canada.com
Aveos Fleet Performance is seeking court approval to break up its assets after failing to find a single buyer, according to the monitor overseeing the dismantling of the company.
According to the Canadian Press, prospective buyers include three Canadian firms, two U.S. companies and one liquidator, and it is hoped the manufacturer’s splintering will raise $10.8 million.
The Canadian firms have been names as Avianor Inc., Avmax Aviation Services Inc. and Discovery Air Technical, a subsidiary of Yellowknife-based Discovery Air.
Did you know?
The first dawn-to-dusk trans-Canada flight was completed by J.H. Tudhop and J.D. Hunter in July 1937. The journey, between Montreal and Vancouver, took the pair 17 hours and 35 minutes.