From Aviation Week
Decisions on the sale of FAIRCHILD DORNIER, which were expected at the Nov. 5
meeting of the creditors' committee, have been delayed, Aviation Daily reports.
The next three to six weeks appear critical. In that period Administrator
Eberhard Braun said he plans to complete negotiations with Dimeling, Schreiber &
Park for the sale of the 328JET program and the product support division. He is
also negotiating with a Swiss aerospace company-believed to be RUAG aerospace-
for the AIRBUS components division. BASIC ELEMENT and IRKUTSK AIRCRAFT
PRODUCTION ORGANIZATION (IAPO) may no longer be the only consortia to make
formal offers. AVIATION FINANCE CONSULTING of Switzerland and former Fairchild
Dornier executive Earl Robinson have provided documents on financing. Braun
wants transactions to be completed by Jan. 1