Another one bites the dust

[Gatorman]

Let's lift a mug and bid farwell to McKinney Aerospace! :beer:

They started out as then next premier corporate interior and avionics installation/modification center.....and today they have chains on the doors.

Thankfully, five months ago I saw the writting on the wall and it said "EXIT"

I really loved that place, gona miss them.

I just wana put a shout out to some peeps that really helped it all happen. Randy and Andy, Bubba and Billy, and PK (ssup), if it were not for you, 30 of the best refurb installers, avionics and mechanics would be gainfully employeed today.

 

[kl7741]

Oh that's really too bad. I used to work in McKinney when Aerospace just opened. What happened...bankruptcy?

 

[tracearabians]

What's a ssup ?

Let's lift a mug and bid farwell to McKinney Aerospace! :beer:

They started out as then next premier corporate interior and avionics installation/modification center.....and today they have chains on the doors.

Thankfully, five months ago I saw the writting on the wall and it said "EXIT"

I really loved that place, gona miss them.

I just wana put a shout out to some peeps that really helped it all happen. Randy and Andy, Bubba and Billy, and PK (ssup), if it were not for you, 30 of the best refurb installers, avionics and mechanics would be gainfully employeed today.

 

[Gatorman]

Let's just say that it was a long slow painful death. They still have work in the hangar and the place still tanked. The aircraft owners have hired a couple for the fellas to stick aroung to put the plane back together.

Out of professional integerity, I don't feel that it is my best interest to go into the details of the demise.

 

[Gatorman]

Posted in AIN moments ago......

McKinney Aerospace Closes Doors [FONT=Verdana, Arial, Helvetica, sans-serif]
McKinney Aerospace, a maintenance, refurb and avionics shop at Collin County Regional Airport north of Dallas, closed its doors late last month. Purchased by Aeros Aviation in March last year, McKinney Aerospace was intended to be a “design and certification center” for Aeros Aviation projects. Aeros Aviation develops “unique aviation solutions,” according to the company, that focus on cabin entertainment, airport security and communications. The closing of McKinney Aerospace “opens more opportunities for aeronautical business on the airport,” said airport director Ken Wiegand. Aeros is currently building a new hangar complex at the airport, which remains under construction, Wiegand said. The former McKinney Aerospace hangar is owned by George Schuler, founder of the FBO that was purchased earlier this year by Cutter Aviation. Four other large clear-span hangars are planned for the airport, Wiegand added, and at least two more flight depart ments are planning to move to Collin County Regional, joining existing tenants EDS and Texas Instruments. Asked about the shutdown, McKinney v-p of maintenance Joe Prince told AIN, “[It is] a sad time for the great people at McKinney Aero[/FONT]



yeah right!

 

[Gatorman]

Uh Ooh.....

....and more to come.

Sheesh






Plane servicer abruptly shuts doors
Refurbisher lets go 70
Dallas Business Journal - August 4, 2006
by Margaret Allen
Staff Writer

Beset by financial woes, well-known aircraft modification center
McKinney Aerospace L.P. has closed its shop at Collin County Regional
Airport and laid off 70 employees.

The company, which has been through several different owners since it
opened in 1997, shut down July 18.

The closing leaves at least one Plano customer with its business jet
in pieces at the facility. In addition, an Addison supplier is left
holding an unpaid $47,000 court judgment against McKinney Aerospace.

McKinney Aerospace, which had sales of $15 million as recently as
2004, was purchased in March 2005 by privately held Aeros Aviation
L.L.C., a corporation owned by McKinney residents Andrew Eros and
Randy Haler. Eros said at the time he had more than 30 years in the
aviation industry, and Haler had experience in aerospace, software
development and real estate. They couldn't be reached.

On July 18, Eros called employees together at 3 p.m. and told them
the
business was closing down, according to Amy Drouillard, a marketing
employee. Drouillard said Eros expressed doubt he could pay employees
any longer, so he was sending them home for good. By 5 p.m., she
said,
employees had hurriedly packed their belongings, turned in their keys
and left. They weren't entirely surprised.

"The handwriting was on the wall, but we were all hoping for a
miracle," Drouillard said. "With fuel prices what they have been,
business wasn't as good as it was a year ago. They kept some of the
mechanics on as contract employees to finish the two planes that were
there."

What happens next is anyone's guess. The company's rent payments have
been up to date, said George Schuler, an investor in the group that
owns the 54,000-square-foot hangar and offices leased by McKinney
Aerospace. The lease is not up until Oct. 1.

"The ownership has told me a couple people are interested in buying
the assets and may also be interested in taking over the lease," he
said.
Lawsuits emerge

Addison-based Global Aircraft Service Inc. on July 3 won a $47,400
judgment against McKinney Aerospace, according to Roger Yale, the
Denton attorney who filed the lawsuit for Global.

Global, which repairs fuel tanks for airplanes, did work for McKinney
in January. When the refurbisher failed to pay, Global filed suit.
Global won a default judgment when McKinney Aerospace didn't answer
the suit.

"The question now is whether they have any assets," Yale said.

Schuler, the hangar investor, said the closing affects his company as
well.

"We were getting ready to break ground on a new hangar, but we've
decided to hold off on that until we see what happens on McKinney
Aerospace," he said.

In a second lawsuit filed July 25, Boyington Capital Group L.L.C. is
seeking more than $258,000 in damages. Plano-based Boyington hired
McKinney Aerospace in March to refurbish and overhaul its Hawker
BH-125-600A business jet.

That plane now is in pieces at McKinney's former office.

Boyington won a court order to get access to its property and
pertinent records on the refurbishing. But attempts to fulfill it
haven't been successful, said Kevin Good, Boyington's attorney.

 

[CandlerWun]

I don't wish to capitalize on this company's demise, but RD Air Services in Gainesville, FL is looking for mechanics and may be able to help some of the displaced techs. Initially we need to hire a Director of Maintenance, preferably someone with experience in 500-series Citations and/or Westwinds. We are willing to send the right person to school, and pay/benefits are market rate or better.

We need someone who can set up a shop, including acquiring the necessary tools and supplies, and handling additional staffing needs. This is a great opportunity for someone who wants to create his/her own position. We only ask that all work be performed correctly and that it be properly documented.

Anyone who is interested is welcome to PM this account or e-mail [email protected]

Good luck to everyone who was affected by the closing of this shop.

Josh M.

 

[Gatorman]

Thanks for the post, but most of the mech have been absorbed into Gulfstream/General Dynamics. They guys are all Gulfstream, Challenger, Hawker and Falcon guys.

Again, thanks

 

[CandlerWun]

Thanks for the post, but most of the mech have been absorbed into Gulfstream/General Dynamics. They guys are all Gulfstream, Challenger, Hawker and Falcon guys.

Again, thanks

Understood, and glad to hear that everyone's employed.

Josh M.