Albany, Georgia-based Thrush Aircraft announced recently that a new ownership group closed on an asset purchase agreement September 5th after a Chapter 11 filing that will allow new leadership to conduct a reorganization of the company, known worldwide for making a popular line of agriculture, forestry and firefighting aircraft.
New Ownership at Thrush Aircraft Promises a Bright Future
Key Takeaways:
- Thrush Aircraft, a manufacturer of agriculture, forestry, and firefighting planes, has completed an asset purchase agreement by a new ownership group following a Chapter 11 filing.
- Industry veteran Mark McDonald is the new CEO, leading a reorganization effort focused on increasing company capabilities and capacity for renewed stability and growth.
- The new leadership assures customers of ongoing and improved sales, deliveries, training, and support, with further announcements expected at the 2019 Ag Aviation Expo.
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