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Diamond Says Full Insolvency Looming For Thielert
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Joined: 23 Aug 2007
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Posted: Tue Jun 17, 2008 9:26 am    Post subject: Diamond Says Full Insolvency Looming For Thielert  


Efforts Underway To Certify DA42s With Lycoming IO-360s There's more news to report... alas, little of it good... regarding the cringe-inducing case of Thielert Aircraft Engines. In its latest update to customers, Diamond Aircraft -- Thielert's largest customer -- said Monday it expects the troubled enginemaker to declare full insolvency in a German court within weeks.

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