Multiple Buyers For Aerion Assets Likely

AS2 Jet
Credit: Abaca Press / Alamy Stock Photo
Restructuring firm Development Specialists is seeking bids for the assets of Aerion Corp., developer of the AS2 supersonic jet, as part of a court-approved liquidation sale to pay back creditors tens of millions of dollars owed. The assets will likely be sold to multiple buyers rather than to a...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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