Tamarack Emerges from Bankruptcy after Court Approval
The manufacturer of active load-alleviation system (Atlas) winglets entered Chapter 11 bankruptcy last June.
With approval to emerge from bankruptcy, Tamarack Aerospace is growing the market for its Atlas active winglets with four new installation partners. It has completed its 100th active winglet installation. (Photo: Tamarack Aerospace)
With approval to emerge from bankruptcy, Tamarack Aerospace is growing the market for its Atlas active winglets with four new installation partners. It has completed its 100th active winglet installation. (Photo: Tamarack Aerospace)

Tamarack Aerospace Group’s plan of reorganization has been approved, allowing the Sandpoint, Idaho-based manufacturer of active winglets to emerge from bankruptcy. The plan approved by the U.S. District Court for Eastern Washington calls for repayment of all creditors in full and affirms that the Tamarack shareholders remain intact, the company said on Monday.