St.Louis based Skyline closes

[Dean]

Got this email today, a friend of mine was a CFI for them.

November 6, 2008 8:29pm


TO OUR FRIENDS AND CREDITORS:

I am truly sad to report that after 6 and one half years, Skyline Aeronautics, Skyline Aeronautics Pilot Store, Skyline Aeronautics Maintenance, and Skyline Aeronautics Flight have all been forced to close their doors. Steadily rising costs over the past few years, coupled with the dramatic drop in disposable income this year caused by the current economic conditions and other factors, have reduced demand for the quality services that we provide. These factors have created a situation which has left us no choice but to close our doors for good.

Our bank creditor has moved to secure its liens on our building, accounts, equipment and all other assets, so there is no remaining money with which to pay out even a portion of what the company owes.

Starting Monday, the Pilot Store at 521 Spirit of St. Louis Blvd will be the site for a bank supervised “Going Out Of Business Clearance sale” for the next week to clear out remaining bank owned store and flight line inventory, computers, office equipment and fixtures. All sales are final. Cash or approved checks only.


I truly regret these circumstances and wish that the situation had turned out differently.

SKYLINE AERONAUTICS, LLC.

By: _________________________
Michael G. Gaffney

 

[t0r0nad0]

That's incredibly sad! I have one flight in my logbook from that place. A guy I went to high school with was a CFI with them years ago, and a guy I used to work with when I lived in STL leased back his three DA20's and DA40 to them. They were the only flight school at SUS, IIRC.

Also, Michael Gaffney wrote a series of articles on TAA training for AOPA Flight Training Magazine last year.

 

[steingar]

Sign of the times. There will be more.

 

[KennyFlys]

That can't be the only supply shop at SUS. That airport was pretty busy even back in the early 80's when I got out of the Navy. It was my first rental location post Navy flying club years.

 

[Dean]

That can't be the only supply shop at SUS.

It is though, and from what I understand, there are several airplanes in the shop in pieces and owners wondering how to get them back.

 

[ReverendSlappy]

Not to make light of the situation, but...

When I first read the headline, I didn't see "St. Louis based" and was scared for a moment that perhaps the Cincinnati-based chili company was closing. That would be an extraordinary travesty.