Questions linger after Adam collapse
Among the bits of information flowing from the February 15 bankruptcy of Adam Aircraft Industries is a petition filed by Adam attorney Frances Cetrulo and

Among the bits of information flowing from the February 15 bankruptcy of Adam Aircraft Industries is a petition filed by Adam attorney Frances Cetrulo and acting secretary and CFO Christopher Naro warning of an “imminent danger” to the public resulting from the company’s sudden shutdown.

By all accounts, during the day that Adam Aircraft closed its doors pilots were flight testing, technicians were cutting and laying carbon fiber and everyone was waiting for word that funding was on the way to help the company reach its goal of certification of the A700 very light jet by the end of the year.