Thielert in trouble
Join Date: Aug 2003
Location: Perth
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Where would you put this then! Dangle it from its ar$e
Shoulda been on the tail anyway. Too many problems where it is, but it's academic if it can't fly.
Join Date: Aug 2003
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Thielert Looking up
From AvWeb for those who dared to be different
Thielert Says 24 Bidders In Line
The insolvency trustee for Thielert Aircraft Engines says there has been major interest in acquiring the company's assets. Spokesman Sebastian Glaser said "24 prospective buyers have so far expressed their serious interest by signing a confidentiality agreement." He said the process moves to the next phase in which the interested parties, many of them aviation-related, will get access to detailed financial records. "The uncommonly large number of potential buyers shows that Thielert is seen as an attractive investment in the industry," said insolvency administrator Bruno K bler.
Thielert says it's also boosting the credibility of the company by hiring Prof. Gunter Kappler as "Accountable Manager." In that role he'll be responsible for aviation safety issues concerning the engines from initial development to regulatory compliance. "It lets potential buyers know that they would be acquiring a solidly managed company in terms of technology that operates in compliance with national and international aviation safety rules," according to the company.
Thielert Says 24 Bidders In Line
The insolvency trustee for Thielert Aircraft Engines says there has been major interest in acquiring the company's assets. Spokesman Sebastian Glaser said "24 prospective buyers have so far expressed their serious interest by signing a confidentiality agreement." He said the process moves to the next phase in which the interested parties, many of them aviation-related, will get access to detailed financial records. "The uncommonly large number of potential buyers shows that Thielert is seen as an attractive investment in the industry," said insolvency administrator Bruno K bler.
Thielert says it's also boosting the credibility of the company by hiring Prof. Gunter Kappler as "Accountable Manager." In that role he'll be responsible for aviation safety issues concerning the engines from initial development to regulatory compliance. "It lets potential buyers know that they would be acquiring a solidly managed company in terms of technology that operates in compliance with national and international aviation safety rules," according to the company.
Join Date: Dec 2005
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Hmmm... the other form of aviation spin.
Diamond themselves, at least a week or so ago didn't seem terribly interested to sign up, but perhaps they're just playing the game to drive the price down.
Still, if Diamond become confident in their own abilities to manufacture a better slightly more powerful version then you might think that Thielerts market might shrink faster than an Arctic swimmers assets.
M
Diamond themselves, at least a week or so ago didn't seem terribly interested to sign up, but perhaps they're just playing the game to drive the price down.
Still, if Diamond become confident in their own abilities to manufacture a better slightly more powerful version then you might think that Thielerts market might shrink faster than an Arctic swimmers assets.
M
