19 June 2008
Thielert Aircraft Engines has reported that it has “resumed full production of aircraft engines”. It can, it says, “once again supply the THIELERT Centurion 2.0 engine in large quantities.”
The company went into liquidation in April this year, bringing a halt to the production lines. Three weeks ago, the production and supply of spare parts was resumed and now the company is back producing up to 80 engines a month – almost as many as before the crisis began.
“We very much regret that losses were incurred because of the company’s insolvency,” said Hans Kuebler, the insolvency administrator for Thielert. “I am pleased that we can now supply Thielert customers with engines and spare parts once again.” According to the company’s press release: “For its newly manufactured engines, Thielert provides customers with a full warranty of quality (guarantee) in accordance with EU regulations. Thielert also focuses on prolonging the life span of important components.” The question of warranties for existing engines has been one of the main issues surrounding the insolvency.
Thielert says it will be approaching potential investors next week. “An investor who is capable of securing the existence of the company on a long-term basis at the Lichtenstein and Altenburg locations and continues to develop the company’s leading position on the market for diesel piston engines should get the nod,” said Kuebler.
