Avcorp Gets Loan Following Bumpy Year

Avcorp, a Canadian aerostructure provider to OEM and top-tier suppliers that has seen financial troubles this year, said Sept. 28 it secured a $3.5 million loan from Panta Canada, its super-majority owner. Panta Canada owns almost 69% of Avcorp’s issued and outstanding common shares. Panta Canada is...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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