'Not entirely true... Flight Design (Germany) is in the middle of a reorganization, not bankruptcy. It would have been far easier to shut the doors and declare bankruptcy. If Matthias was "slippery" he would have "taken the money and run". He, and the company, has done everything possible to get things running again. They've brought on investors, added some business elements, and got production running again. Aircraft are being delivered from both Ukraine and Taiwan, and being delivered to those few that got caught in the downturn. They worked out deals to ensure parts were available, and that the fleet has the certifications needed to stay in the air. As far as news coverage goes, they've been in the news for many positive things, including announcing a new aircraft model, the CTLsi 2020. Over a year ago they announced they were providing "engineering services" to a South Korean company. That project turned out to be the KLA-100. It appears that Flight Design USA has been instrumental in helping to get FD-Germany back up and running. The deal with AeroJones was a great accomplishment, as the Asian aviation market is just getting established, and will represent a huge area of growth for aviation companies.
If allowed to reach final production and marketing, the KLA-100 could bring FD back to the top. It's a exciting new design, utilizing many engineering and design refinements. FD is lending it's real-world design and manufacturing knowledge and experience to the project, as well as their considerable experience in the difficult job of dealing with Worldwide aviation certifications.
Look around at the aviation market, just about every company has reorganized, restructured, merged, been bought-out, or closed their doors.
