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L-610G–Beset by funding shortages and a series of ownership changes since its designers first conceived the project in the mid-1980s, the L-610G program remains grounded indefinitely, as its third owner in as many years went bankrupt on March 31. Awarded to Moravan Aeroplanes subsidiary LZ Aeronautical Industries in July 2001 by a Czech bankruptcy administrator, the sole L-610G prototype remains in a hangar in Albany, Ga., after the administrator and Moravan failed to recover the airplane from receivers of the bankrupt Ayres Corp. Now, a receiver appointed by a regional court in Brno must once again start the process of accounting for assets and finding a new owner. When Ayres Corp. chairman Fred Ayres negotiated with the Czech government to buy 93 percent of the foundering Let Kunovice in 1998, a tone of cautious optimism tempered creeping suspicion over the U.S. company’s motives. Although many of Let’s workers remained skeptical about Ayres and his plans for Let, any chance for steady work in an economy struggling to adapt to a free market system seemed better than the likely alternative of unemployment .
Picture of L-610G taken at the 1998 Farnborough Airshow. Taken by M. Lake. Copyright 1998 .
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