---Chip Erwin of embattled
Czech Aircraft Works (CZAW), producers of the top LSA low-wingers
Dynamic and
Sport Cruiser, told me that a
hostile takeover by his former colleagues in
Czech Republic is in the hands of that country's court system. Ultimate ownership of the company will be determined by a
highest-bidder process within six months. Erwin says "I hope it will be me."
---His travails come after he - get this - reassumed leadership of the company at the beginning of 2008 and
returned it to profitability. "Productivity dropped in 2007. By the end of 2008, we delivered
157 airplanes with 50 less employees (200 instead of 250). That was
an increase of 50 airplanes; our revenues went from $7.3 million to $10.8 mil in that period."
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