If aerospace had a Phoenix, the mythical bird that is cyclically reborn, it might be Vought Aircraft. But like the Phoenix, it looks as if Vought is about to be burned again. In a late-in-the-day filing May 5 with U.S. securities regulators, embattled aerospace supplier Triumph Group—the Vought owner undergoing a turnaround effort—said as part of a new credit deal with PNC Bank that there was an option to begin voluntary insolvency proceedings of its Vought entities, now known ...


"Vaunted Vought Properties Identified for Insolvency" is part of Aviation Week & Space Technology’s subscription package. Click “subscribe now” below to view your options.  


Current Aviation Week & Space Technology magazine subscribers: simply use your subscriber email to log in to your account (or contact us for assistance in updating your account).
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

Already registered? here.