Aviation news outlets and social media are buzzing with the news that Quicksilver Aeronautics is closing its factory. For example, one online news source is calling the event a “dissolution.”
This is not incorrect as it comes directly from a document previously issued by Quicksilver’s lawyers (see more below). However, letters from lawyers often portray things in very black and white terms and the situation is somewhat more nuanced than that.
For several years, I have known the principals of the company — Will Escutia and Daniel Perez — and spoke with both of them Oct. 20, when the news became public. What follows is directly from the horse’s mouth, as they say. [Read more…]