Ailing Grob skips MEBA, hopes for best | Aviation International News

Ailing Grob skips MEBA, hopes for best

Grob Aerospace has withdrawn from the MEBA show after its German manufacturing division formally declared insolvency on November 1.

By Charles Alcock • Managing Editor

November 14, 2008

Grob Aerospace has withdrawn from the MEBA show after its German manufacturing division formally declared insolvency on November 1. Swiss parent company Grob AG, itself, is on the verge of also being declared insolvent.

The group has been desperately seeking fresh investors since mid-August after the sudden withdrawal of its main financial backer. This move was prompted by further delays in completing certification of the new Grob SPn light jet, and associated rising costs for the program.

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