Tamarack Aerospace, the company under investigation following incidents involving aircraft it had modified, filed for Chapter 11 bankruptcy early in June, and announced its position on Friday, June 7.
Tamarack Aerospace Files For Bankruptcy
Key Takeaways:
- Tamarack Aerospace has filed for Chapter 11 bankruptcy, citing recent FAA and EASA airworthiness directives (ADs) that effectively grounded Citation jets equipped with its Atlas winglets.
- The ADs were issued following multiple upset and loss-of-control incidents, including a fatal accident under NTSB investigation, linked to suspected malfunctions of the winglets' active load-alleviation tabs.
- Tamarack believes its recent free upgrades, designed to prevent tab asymmetry, will resolve the issues and lead to the lifting of the ADs, and views the bankruptcy as a temporary measure to continue operations and customer support.
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