Three months after acquiring the assets of bankrupt Commander Aircraft, the new owner of the Commander 114 piston-single line is to relocate the company after failing to find a production facility in Oklahoma City.
Commander Premium Aircraft (CPAC), formed by more than 50 owners of Commander aircraft, acquired the defunct company’s assets in June, but was given 90 days to vacate the existing production facility at Wiley Post airport in Oklahoma City.
CPAC says it failed to secure either of its preferred sites: an empty facility at Wiley Post that is owned by the Airport Trust and leased to Gulfstream; and another at Oklahoma City’s Downtown Airpark that is in state court receivership. Local reports say CPAC rejected an offer of hangar space at nearby Chickasha Municipal airport.
The company does not yet have a new home. CPAC hoped to conclude negotiations with a small number of sites by mid-September. When it acquired Commander’s assets, the company said it expected to restart production next year.
Source: Flight International