Tiger On The Ropes?
The media around Martinsburg, W. Va., are chronicling the fortunes of Tiger Aircraft and the implication is that the company can't last much longer. According to a story in the Martinsburg Journal, the latest nail in the coffin is that the company owes $115,000 in back taxes. It has, however, paid its lease to the airport through next April for a building that, according to the Journal, houses only two employees at the moment. The company hasn't shipped any airplanes for at least three months and civic politicians are now pondering the potential demise of the company. "You sense it's coming," noted Bob Crawford, executive director of the Berkeley County Development Authority. The Journal says a company employee declined comment. A phone message left by AVweb this weekend was not immediately returned. Tiger Aircraft has revived the Grumman design and, according to General Aviation Manufacturers Association stats, sold three airplanes in the first half of the year. The company laid off most of its staff earlier this year and an attempt to sell the assets by then-CEO Gene Criss was challenged by company shareholders who said he wasn't authorized to do so. Criss is no longer with the company.