April 29, 2008
News: Superior Says "All OK"
We have received a note from Superior Air Parts saying, in effect, pay no attention to the troubles with Thielert Aircraft Engines, which has filed for insolvency in the aftermath of falling share prices. Company founder Frank Thielert and the firm's CEO were ousted earlier this month amid allegations of illegal accounting practices. Speculation was that Superior, a sister company of Thielert Engines, would be affected.…
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