AeroCision Parent, LLC

  1. March 08, 2024

    Aircraft Parts Co. AeroCision Begins Ch. 11 Liquidation

    AeroCision, a troubled supplier of airplane components, has informed Delaware's bankruptcy court its Chapter 11 liquidation plan has gone into effect, distributing remaining assets of the business after it went on the auction block late last year.

  2. November 08, 2023

    AeroCision Gets $40.2M Bid For Assets In Ch. 11 Auction

    Airplane parts supplier AeroCision said Wednesday that it selected a $40.2 million cash offer for its assets from aerospace company Cadence-Southwick Inc. after the California-based bidder beat out AeroCision's stalking horse bidder in a Chapter 11 auction.

  3. November 07, 2023

    Citizens Bank Says Hedge Fund Undercut AeroCision's Ch. 11

    Citizens Bank said the hedge fund owner of bankrupt airplane parts maker AeroCision reneged on its approval of prepackaged Chapter 11 plans, forcing the company to auction and costing Citizens more than $5 million, according to an adversary action filed in Delaware bankruptcy court.

  4. August 01, 2023

    Airplane Parts Co. AeroCision OK'd For Quick Ch. 11 Timeline

    Bankrupt airplane engine part supplier AeroCision on Tuesday got a Delaware bankruptcy judge's signoff on its first-day motions and its proposed timeline to wrap the case up in just over a month through a prepackaged Chapter 11 plan.

  5. July 31, 2023

    Aviation Part Supplier Hits Ch. 11 With $130M In Debt

    Airplane engine part supplier AeroCision filed for Chapter 11 protection Monday in Delaware listing $130 million in debt and blaming reduced demand for its products during the COVID-19 pandemic and supply chain issues for its financial troubles.