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Liberty Honors Symphony And Tiger Deposits

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Symphony Aircraft and Tiger Aircraft customers may be down but they're not necessarily out. Liberty Aerospace, which came on the scene roughly concurrently with the now-bankrupt Symphony and Tiger, is offering to honor the deposits of customers of its former competitor toward the purchase of a Liberty two-place touring aircraft. "The exit of these two companies is a tremendous loss to the aviation community," Keith Markley, chief operating officer of Liberty Aerospace, said in a news release. "Pilots and the rest of the industry have a strong history of working together and our wish is to keep the aviation community flying by delivering to those who still desire a new aircraft." Tiger entered liquidation proceedings on Jan. 16 in West Virginia and, less than a week later, Symphony's main investor pulled the trigger in Quebec. Liberty is offering those who face losing their deposits in the bankruptcies up to $10,000 toward the purchase of a new Liberty, with no additional payments required before delivery. Proof of the deposit will, of course, be required.

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