Britten-Norman Aircraft Ltd saved from administration
British aircraft manufacturer Britten-Norman has been bought out of administration by a company named Shelton Bidco Ltd, resulting in a working capital injection into the business and support to ramp up production of its iconic Islander aircraft. The five companies connected to Britten-Norman – B-N Group Ltd, Britten-Norman Ltd, Britten Norman Aircraft Ltd, BN Defence Ltd and BN Daedalus Ltd – were all placed into administration on 21...
