FLYING Magazine on MSN
Sonex Aircraft Closes Doors Amid ‘Severe Drop-Off in Sales'
Owner Mark Schaible cites ‘perfect storm' of debt and falling demand, ruling out 11th-hour rescue.
Schaible states that the decision to shut Sonex’s doors was made necessary due to a severe drop-off in sales and the bank’s unwillingness to carry forward the company’s debts because of unprofitable ...
Sonex, a builder of recreational lightweight two-seat aircraft kits, is closing its doors, effective immediately. Sonex’s owner Mark Schaible announced the “bad news” in an emotional YouTube video, ...
Sonex, the Oshkosh, Wisconsin-based manufacturer of kitplanes including a tiny single-seat personal jet called the SubSonex, is for sale after company founder John Monnett announced his retirement ...
FLYING Magazine on MSN
Sonex builder community regroups in wake of company shutdown
Online discussions reflect a mix of sympathy and serious concerns.
Sonex Aircraft announced Saturday it is closing its doors immediately. The shutdown was announced in a video message by owner Mark Schaible, who attributed the decision to a "severe drop-off in sales ...
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