AOPA Pilot Magazine - August 2011 - 46

MICRO VORTEX GENERATORS
• Cessna • Beech
....just to name a few

PILOT BRIEFING Commander Premiere Aircraft files Chapter 11
Commander Premiere Aircraft, located at Cape Girardeau Regional Airport, Missouri, has filed for Chapter 11 bankruptcy proceedings and is facing an eviction notice from city officials. The winning bidder for the company could not find financing from European banks to close the deal. Commander Premiere Aircraft President Greg Walker said he hopes a new buyer can be found before the eviction is enforced. The company was sold in 2009 to Ronal Strauss, a Montreal investor, but he has been unable to collect a group of European banks willing to invest in the company during a recession. Strauss was in Europe recently to raise the funding to complete the purchase. Walker said the bankruptcy filing, which allows the company to reorganize under protection from creditors, was forced by the threat of legal action from both Strauss and the city that could have prevented a new buyer from purchasing the company. There was no binding agreement, Walker said, between Strauss and the previous owner, StoneGate Capital Group, which will now try to find a new buyer.

• Piper

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Civil Air Patrol honored with World Peace Prize
The Civil Air Patrol has received the World Peace Prize from a missionar y organization that has recognized contributions to the cause of peace since 1989. The CAP received the Roving Ambassador for Peace Award from the World Peace Corps Mission in a ceremony at the Capitol building in Washington, D.C. The CAP per forms 90 percent of continental U.S. inland search and rescue missions as tasked by the Air Force Rescue Coordination Center, and is credited with saving 113 lives in fiscal year 2010. On December 1, the CAP will celebrate its 70th anniversar y. In a recent example of the activity that brough the CAP its recognition from the World Peace Prize, volunteers from CAP’s Alabama Wing played a key role photographing and helping to assess damage from devastating tornadoes that struck Alabama’s Tuscaloosa and Jefferson counties. —DN
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46 • AUGUST 2011

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AOPA Pilot Magazine - August 2011

Table of Contents for the Digital Edition of AOPA Pilot Magazine - August 2011