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 ...
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 ...