New Zealand’s Pacific Aerospace Declares Insolvency

Pacific Aerospace cresco
Credit: Pacific Aerospace / Facebook
AUCKLAND—Hamilton, New Zealand-based aircraft manufacturer Pacific Aerospace has succumbed to financial difficulties and shut down its operations. Pacific Aerospace Ltd. (PAL) informed New Zealand’s Civil Aviation Authority (CAA) that it is insolvent, the CAA said. The regulator subsequently revoked...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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