Sabreliner, led by an investment group including Chairman F. Holmes Lamoreux since 1983, was sold by its primary debt holders after the company lost half of its business during last year’s sequestration budget cutting and was unable to make its debt payment. Lamoreux is leaving the company he helped form and has led since its inception. Also departing is Susan Aselage, who recently was promoted to president and also held the role of vice chairman. She was the second employee to join ...


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