Bad news from VAN’S
#1
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.
#3
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.
#4
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.
#5
Disinterested Third Party
Joined APC: Jun 2012
Posts: 6,008
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.
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.
#6
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.
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.
I still love flying the RV that I built, but there's no way I'd build another.
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