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ICON Files for Chapter 11 Bankruptcy Protection, Pledges Transparency

The filing is part of “a strategic restructuring process,” the company said.

ICON A5 [Courtesy: ICON Aircraft]
Gemini Sparkle

Key Takeaways:

Vacaville, California-based ICON Aircraft, manufacturer of the ICON A5 amphibious light sport aircraft, announced Thursday it had filed for Chapter 11 protection under the Bankruptcy Code.

The filing is part of “a strategic restructuring process,” according to a statement.

Mark Phelps

Mark Phelps is a senior editor at AVweb. He is an instrument rated private pilot and former owner of a Grumman American AA1B and a V-tail Bonanza.

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