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Epic Aircraft
Epic Aircraft is a general aviation aircraft manufacturer headquartered in Bend, Oregon. The company produces the Epic E1000 GX single engine turboprop design. Founded in 2004, the company initially manufactured and sold homebuilt aircraft, kits for the Epic LT. Epic went through bankruptcy in 2009, before being purchased by Russian businessman Vladislav Filev of S7 Airlines in 2012. , Filev and his family owned the company through Cyprus-based MVF Key Investments Ltd. In 2013, Epic stopped taking orders for LT kits to concentrate on the certification of the E1000, which is based upon the LT. The E1000's Federal Aviation Administration, FAA Type certificate, certification was completed in November 2019. History Early years The company was founded by Rick Schrameck, who was experienced in the computer hardware and aviation composites industries, in 2004 in Bend, Oregon due to public incentives, including state loans and grants of United States Dollar, US$1.3M. In return fo ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Epic Elite C-GROL
Epic commonly refers to: * Epic poetry, a long narrative poem celebrating heroic deeds and events significant to a culture or nation * Epic film, a genre of film defined by the spectacular presentation of human drama on a grandiose scale Epic(s) or EPIC(s) may also refer to: Arts, entertainment, and media Film * ''Epic'' (1984 film) * ''Epic'' (2013 film) * ''Epic Movie'', a 2007 film Gaming * ''Epic'' (tabletop game), a series of tabletop wargames * ''Epic'' (play-by-mail game) * ''Epic'' (video game), a 1992 video game * ''Epic: Battle for Moonhaven'', a 2013 video game by Gameloft based on the film ''Epic'' (2013) * '' Epic Card Game'', a 2015 strategy card game by White Wizard Games Literature * ''Epic'' (Kostick novel), a 2004 novel by Conor Kostick * ''Epic Illustrated'', a 1980s anthology series published by Marvel Comics Music Albums * ''Epic'' (Blood on the Dance Floor album), 2011 * ''Epic'' (Borknagar album), 2004 * ''Epic'' (R. Kelly album), 2010 * ''Epi ...
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Frankfurt Egelsbach Airport
Frankfurt Egelsbach Airport () is a general aviation airport located near Egelsbach, a town in the German state of Hesse. It is located southeast of Frankfurt Airport. History The airport was opened in 1955 with a single grass runway. It proved popular, and by 1957 was already seeing 37,000 movements a year. An asphalt runway was constructed in 1966 and by 1977 the number of movements had increased to 126,000 a year. In 2007, about 77,000 movements were made, making it the busiest airport for general aviation in Germany. In 2004, to allow for larger aircraft to land, construction was started on a runway expansion, which increased the runway length to its current . In May 2009, NetJets Europe announced that they intended to purchase the airport. Today Triwo AG owns the majority of the Airport. Before the last transaction, NetJets owned 87,73% of the aerodrome (the rest being owned by the local authorities of Egelsbach and Langen) and intended to establish IFR procedures at ...
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Natalia Fileva
Natalia Valerievna Fileva (; 27 November 1963 – 31 March 2019) was a Russian businesswoman and chairman of the board of directors of S7 Airlines. In 2018, ''Forbes'' listed her as the fourth richest woman in Russia, with a worth estimated at . She died in a plane crash in Germany in 2019. Career and personal life Born in Novosibirsk, Fileva graduated from the Novosibirsk State Technical University with a degree in radio engineering and the Novosibirsk State University of Economics and Management with a degree in production management. Fileva was married to Vladislav Filev, general director of S7 Airlines. They had three children. Death On 31 March 2019, she was a passenger on an Epic LT, when it crashed in a field on approach to Frankfurt Egelsbach Airport Frankfurt Egelsbach Airport () is a general aviation airport located near Egelsbach, a town in the German state of Hesse. It is located southeast of Frankfurt Airport. History The airport was opened in 1955 with ...
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Flightglobal
FlightGlobal is an online news and information website which covers the aviation and aerospace industries. The website was established in February 2006 as the website of ''Flight International'' magazine, ''Airline Business'', ''ACAS'', ''Air Transport Intelligence'' (ATI), ''The Flight Collection'' and other services and directories. FlightGlobal has a picture library of over 1 million images, starting with the foundation of ''Flight'' in 1909. Thousands of images and back copies of ''Flight'' were searchable online but from June 2020 they are only available with a paid subscription to Flight Global Premium. FlightGlobal won the prize for "Business Website of the Year" at the Association of Online Publishers' Digital Publishing Awards 2010. According to the contest judges, "The site uses the full spectrum of digital tools, with a special focus on engagement and effective use of social media in a B2B usiness-to-businessenvironment". In August 2019, FlightGlobal and its asso ...
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Columbia Aircraft
The Columbia Aircraft Manufacturing Corporation was an aircraft manufacturer that designed and built light general aviation aircraft. In November 2007 it became a division of Cessna. History In 1994 NASA launched the Advanced General Aviation Transport Experiments (AGATE) project in an attempt to re-energize the rapidly shrinking general aviation (GA) market. A series of factors, including new regulatory requirements and immense legal liability lawsuit settlements made the GA field unprofitable and most manufacturers had abandoned production of piston-engined light aircraft to concentrate on the business turbine aircraft market. As a result, GA design work had basically ended and aircraft for sale in 1990 were essentially the same as those from the 1970s. With a thriving market for used aircraft, American GA aircraft production numbers declined from 18,000 in 1978 to 954 in 1993, an all-time low. During the same period the kit-built market was thriving. Free of some of th ...
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Cessna
Cessna () is an American brand of general aviation aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas. Originally, it was a brand of the Cessna Aircraft Company, an American general aviation aircraft manufacturing corporation also headquartered in Wichita. The company produced small, piston-powered aircraft, as well as business jets. For much of the mid-to-late 20th century, Cessna was one of the highest-volume and most diverse producers of general aviation aircraft in the world. It was founded in 1927 by Clyde Cessna and Victor Roos and was purchased by General Dynamics in 1985, then by Textron in 1992. In March 2014, when Textron purchased the Beechcraft and Hawker Aircraft corporations, Cessna ceased operations as a subsidiary company, and joined the others as one of the three distinct brands produced by Textron Aviation. Throughout its history, and especially in the years following World War II, Cessna became best known for producin ...
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AirVenture
EAA AirVenture Oshkosh (formerly the EAA Annual Convention and Fly-In), or just Oshkosh, is an annual air show and gathering of aviation enthusiasts held each summer at the Wittman Regional Airport and adjacent Pioneer Airport in Oshkosh, Wisconsin, United States. The southern part of the show grounds, as well as "Camp Scholler", are located in the town of Nekimi and a base for seaplanes is located on Lake Winnebago in the town of Black Wolf. The airshow is arranged by the Experimental Aircraft Association (EAA), an international general aviation organization based in Oshkosh, and is the largest of its kind in the world. The show lasts a week, usually beginning on the Monday of the last full week in July. During the gathering, the airport's control tower, frequency 118.5, is the busiest in the world. History EAA was founded in Hales Corners, Wisconsin in 1953 by aircraft designer and military aviator veteran Paul Poberezny, who originally started the organization in the ba ...
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International Traffic In Arms Regulations
International Traffic in Arms Regulations (ITAR) is a set of U.S. Department of State regulations that control the export of defense and military technologies to safeguard national security and further its foreign policy objectives. Overview The United States government has adopted two types of regulations to control exports of military-relevant items: ITAR, which cover weapons and defense articles specifically (such as missiles); and the Export Administration Regulations, which cover items that may have uses in defense articles (such as a radar component used in a certain missile). Defense-related articles and services on the United States Munitions List (USML) are covered by the ITAR, which implement the provisions of the Arms Export Control Act (AECA), and are described in Title 22 (Foreign Relations), Chapter I (Department of State), Subchapter M of the Code of Federal Regulations. The Department of State Directorate of Defense Trade Controls (DDTC) interprets and ...
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The Oregonian
''The Oregonian'' is a daily newspaper based in Portland, Oregon, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the West Coast of the United States, U.S. West Coast, founded as a weekly by Thomas J. Dryer on December 4, 1850, and published daily since 1861. It is the largest newspaper in Oregon and the second largest in the Pacific Northwest by circulation. It is one of the few newspapers with a statewide focus in the United States. The Sunday edition is published under the title ''The Sunday Oregonian''. The regular edition was published under the title ''The Morning Oregonian'' from 1861 until 1937. ''The Oregonian'' received the 2001 Pulitzer Prize for Public Service, the only gold medal annually awarded by the organization. The paper's staff or individual writers have received seven other Pulitzer Prizes, most recently the award for Pulitzer Prize for Editorial Writing, Editorial Writing in 2014. In late 2013, home deliver ...
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China Aviation Industry General Aircraft
China Aviation Industry General Aircraft (CAIGA) is a Chinese aircraft manufacturer headquartered in Zhuhai, Guangdong. It was established as a division of the state-owned Aviation Industry Corporation of China (AVIC) in July 2009. The company purchased the assets of the bankrupt Epic Aircraft in 2010, forming a partnership with the ''LT Builders Group'' operate the company under a judge's ordered deal. CAIGA sold its stake in Epic to the Russian company Engineering LLC in March 2012. In 2011, CAIGA purchased the American Cirrus Aircraft company. Aircraft *Products produced by Cirrus Aircraft The Cirrus Design Corporation, doing business as Cirrus Aircraft (formally Cirrus Design), is an aircraft design, manufacturing, maintenance and management company, as well as a provider of flight training services, that was founded in 1984 by ... are not included here References External links Official China Aviation Industry General website Aircraft manufact ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ...
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