Stephen Thomas wrote:

To all,

Stoddard-Hamilton Aircraft Co., manufacturer of the Glasair and Glastar
kit planes, has indeed closed its doors and has terminated all of its
employees - a real drag for all of us Glasair builders.  Apparently, they
have not yet declared any bankruptcy proceedings.  No one is really sure
what is going on up there as there has been tons of speculation as to
what went wrong, but no facts.

Bob  Gavinsky, SH president, has also posted a message to all customers
and vendors  on the SH web page that is religiously oriented, but
contains no real information.  I spoke with the folks up at Vision Micro
Systems and they received an order I placed through SH for fuel probes,
but they received no money.  I paid them directly.  Other builders have
posted some rather large deposits for stuff, and have not received
anything.  One builder in Europe ordered a Lyc. engine, paid in full, but
the $ never made it to Lycoming.

There is a group of builders that have organized a committee to
investigate a buy-out, but, again, no facts are available as to what is
happening.  Gavinsky is promising that he will find a way to rescue the
Co. and get back into business.

As a Glasair builder and a Rotary lurker, I'll try to keep you-all
posted.

Steve

 
The Aircraft Rotary Engine Newsletter.              Powered by Linux.

http://home.earthlink.net/~rotaryeng/            http://www.linux.org