Aviation Sales Co.'s move from Miami into a massive new facility in Miramar, Fla., should have been cause for celebration for the aircraft maintenance company. Instead, the thrill of having new digs has been dampened by a disclosure that the company's auditors raised doubts about Aviation Sales' ability to stay in business because of difficulties repaying about $280 million to a group of lenders.
April 21, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Aviation Sales Co.’s move this month from Miami into a massive new facility in Miramar, Fla., should have been cause for celebration for the aircraft maintenance company.
Instead, the thrill of having new digs has been dampened by the company’s disclosure that its auditors raised substantial doubt about Aviation Sales’ ability to stay in business because the company is short the cash to repay about $280 million to a group of lenders.
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