Van’s Aircraft posted a video update today on its progress through Chapter 11 bankruptcy. Among the high points offered by Greg Hughes:
- The company expects to file its reorganization plan at the end of March.
- The company has delivered 375 kits since late December, averaging about 30 kits a week.
- More than 360 orders including replacements for laser-cut parts have been shipped
Of those kits “reordered” after the change in price earlier this year, some 30% of those kits have been shipped. - In the next few weeks, the company will be reposting lead times for kit components on its website. Previously, the lead times were in a fairly broad range but have been removed since the reorganization began.
- The RV-15 project is “alive and well” although it has been delayed by the company’s reorganization. It’s not likely the RV-15 will be at AirVenture this year (the company is not attending Sun ‘n Fun) because it’ll be going through its next set of iterations at the factory.
- Regarding orders of Lycoming engines through Van’s, “quite a few” engines will be built in April and May (no numbers given) and it’s hoped that this effort can be “ramped up,” according to Van’s.
- The company resumed tours and demo flights “a couple of weeks ago,” according to Hughes.
- Van’s is also hiring. (See the video for a quick list of openings, more here.)