“Rumors of our demise have been greatly exaggerated.” That’s the word from Evolution Aircraft Company as they delivered to Flying an update at EAA AirVenture 2019. “We never went bankrupt or out of business,” says Mark Jean, president of the company.
Evolution Aircraft Streamlines Business But Pushes Forward
Key Takeaways:
- Evolution Aircraft Company refutes rumors of its bankruptcy or closure, confirming it is still operational and producing kits in limited runs.
- The company is actively negotiating with investor groups and anticipates restarting full-scale production soon, having also implemented measures to reduce cash outflow and refine its focus.
- Throughout this transition, Evolution has maintained parts support and service for existing aircraft owners.
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