Two kit-built planes from Epic Airport Co. will take off from Bend this week, after narrowly being saved from bankruptcy last year.
Two kit-built planes from Epic Airport Co. will take off from Bend this week, after narrowly being saved from bankruptcy last year.
Last week Federal Aviation Administration inspectors certified the first two Bend amateur-built planes as airworthy.
A year ago, the planes sat with eight other partially completed aircraft in a locked hangar as litigants carved up Epic Air’s carcass in Portland bankruptcy court. A Chinese aviation giant swooped in with the highest bid for Epic’s assets, preparing to make off with the technology, parts and manufacturing equipment.
But U.S. bankruptcy Judge Randall Dunn orchestrated a deal in which a group of amateur builders got their planes back and formed a company that revived manufacturing in Bend. The plane owners’ company licensed technology to China Aviation, which is permitted to make Epic planes outside North America.
Read more at OregonLive.com.
{biztweet}Epic Airport{/biztweet}
