Log in to use our free company, program and sector update tracker feature.

Front page

Avcorp and Cessna to discuss production transition

Avcorp Industries Inc. (Avcorp) announces today that, following discussions with the Cessna Aircraft Company (Cessna), Avcorp and Cessna will transition current production work back to Cessna. Avcorp will continue to fulfill orders until transition and the transition timeline is not yet defined. Avcorp and Cessna are entering into discussions with respect to the timing and associated expenses in connection with the transition.

A production transition plan, as well as a remuneration agreement is subject of discussion. The transition timeline is anticipated to be over an extended period of time and is contingent on factors which will be the subject matter of the ongoing discussions with Cessna.

Avcorp will provide an update when the details of the transition plan are determined.

We believe that our current work flow and other and new business opportunities will provide a sustainable business for Avcorp. In addition the capital restructuring and financing activities undertaken during 2009 and 2010 have provided a less expensive cost of capital and debt service requirements which will assist Avcorp through this period of transition.

Press release issued by Avcorp Industries Inc. on December 17, 2010


 Contact details from our directory:
Avcorp Industries Inc. Honeycomb Core Composites, Non-Destructive Testing, Anodizing Services, Composite Manufacturing Services, Metal Bonding, Metal & Alloy Fabrications, Aircraft Structural Components, Metal Structures, Metal Matrix Composite Structures, Composite Structures, Resins, Design Services, Fabricating Services, Wings, Jigs & Fixtures, Aircraft Control Surfaces, Fairings, Fuel Tanks & Systems, Aircraft Interior Bulkheads, Wing Spars, Empennages, Aircraft Flooring, Fuselage Sections, Air Refuelling Systems, Helicopter Assemblies, Wing Spoilers, Aircraft Doors
Textron Aviation Inc. Airframer


 Related directory sectors:
Airframe Assemblies

Enhanced listings:

AC Products, Inc.
Full line of peelable maskants for chemical milling, etching, anodizing, acid stripping, plating and more.

Redcliffe Precision Ltd
Aerospace Multi Axis CNC Precision Manufacturers & Thread Rolling Specialists.

Beckwood Press
Your single source for aerospace forming equipment. Manufacturer of Triform Sheet hydroforming presses.

Attwater Group
Attwater are manufacturers and machinists of thermoset, high pressure composite sheets to recognised international standards.

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

See our advertising tariff.


data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2017. Terms & Conditions of reading.