Brit Turboprop's Cash Crunch

Edited by David RimmerMike Vines, in Birmingham, England October 01, 2002
The future of the Farnborough F1 single-engine turboprop air-taxi hangs in the balance yet again, as its new owners attempt to raise $155 million in the next six to nine months. Farnborough Aircraft Corp. Ltd. (FACL) took over from Farnborough-Aircraft.com earlier this year when the company's...

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