Van’s Aircraft gives update on company situation : : FLYER [Video]

Van’s Aircraft has given an honest update on how the US kitplane manufacturer is coping with the financial crisis that engulfed it in late October.

Grehg Hughes, vice-president of Van’s, said in a video released on Monday that they had almost finished an assessment of the business and would be able to share more information next week. That includes a full inventory that’s allowed the shipping of some small parts to restart.

• How did Van’s Aircraft get into this mess?

One of the key issues that created the crisis was on laser cut parts, and Greg said, “[We will have] special laser cut parts lists for each individual kit owner for their kit that’ll be more refined and you can look forward to receiving that soon.”

Watch the video here: