A number of media outlets in Maine have, over the past few weeks, reported significant financial troubles for Kestrel Aircraft, one of two companies created under the One Aviation parent in 2015. One Aviation is headed by Alan Klapmeier, former co-founder of the successful Cirrus Aircraft company he left in 2009. One Aviation also builds the Eclipse light jet and has been hard at work bringing the updated version of the Eclipse 550, called the Canada, to market.
Kestrel Aircraft Evicted from Maine Hangar; Wisconsin Files Lawsuit
Key Takeaways:
- Kestrel Aircraft, a company under Alan Klapmeier's One Aviation, is facing significant financial difficulties, including eviction from its facilities in Maine and failure to pay employees and rent.
- The State of Wisconsin is suing Kestrel for failing to establish promised production facilities and defaulting on loan payments, despite receiving substantial tax incentives.
- Kestrel has consistently failed to deliver on job creation and facility development promises in multiple states, leading to its current financial and legal challenges.
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