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-   -   Bad news from VAN’S (https://www.airlinepilotforums.com/hangar-talk/145064-bad-news-vanis.html)

TiredSoul 10-28-2023 03:45 PM
Bad news from VAN’S
 
https://www.vansaircraft.com/2023/10...eid=710499227c


As the result of a number of factors, Van’s currently faces serious cash flow issues, which must be addressed quickly to ensure ongoing operations. We are confident we can work through this situation, but some changes are required.

JohnBurke 10-28-2023 04:32 PM
I guess that RV-6 kit will sit a little longer, then.

usmc-sgt 10-29-2023 01:31 AM
During this period, shipments will be delayed, kit orders will not be processed, and refunds will not be issued. We will be unable to conduct factory tours and demo flights.
Wow, that’s not good. Wild that seemingly the most popular and established kit can’t keep the doors open. Having built a non RV, I was always envious of their build setup. So streamlined and foolproof.

TransWorld 10-29-2023 09:27 AM
Originally Posted by usmc-sgt (Post 3716945)
Wow, that’s not good. Wild that seemingly the most popular and established kit can’t keep the doors open. Having built a non RV, I was always envious of their build setup. So streamlined and foolproof.
Reminds me of the famous quote. Mr. Ford, you do not have a knowledge of what it costs to make your car. That is why you are losing money.

JohnBurke 12-08-2023 12:12 PM
Vans is going with Chapter 11 now.

https://www.aopa.org/news-and-media/...m_medium=email

https://youtu.be/D4rWWokdchQ?si=C_qc4ffK6JDbCfGv

Prices to be raised 32%; anyone who wants to continue with their kits, parts, or purchases will pay the higher price or request a refund as an unsecured creditor, and thus will get a partial refund.

bradthepilot 12-11-2023 07:33 AM
Originally Posted by JohnBurke (Post 3733888)
Vans is going with Chapter 11 now.

https://www.aopa.org/news-and-media/...m_medium=email

https://youtu.be/D4rWWokdchQ?si=C_qc4ffK6JDbCfGv

Prices to be raised 32%; anyone who wants to continue with their kits, parts, or purchases will pay the higher price or request a refund as an unsecured creditor, and thus will get a partial refund.
It's not terribly surprising, unfortunately. Van's became a different company with a different philosophy when Van himself stepped back and retired. It seems like that's pretty common when the founder/visionary leaves. Southwest is one example, IBM another. The companies usually survive and even prosper, but with a change in personality and some definite growing pains.

I still love flying the RV that I built, but there's no way I'd build another.


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