CybAero: Pre-flight checklist still not completed
Research Note
2016-05-02
10:05
After CybAero delayed the publishing of their annual report recently, we now know why: the company was in the process of securing a bigger short-term loan financing. This was necessary as the factory acceptance tests (FAT), whose successful completion would have incurred the first payment from the Chinese customs delivery, have not been successfully completed yet.
AS
Alexander Sattelmaier
Disclosures and disclaimers