Tamarack Aerospace Group, Inc. announced today that the U.S. Bankruptcy Court of the Eastern District of Washington has approved the company’s Chapter 11 Disclosure Statement, which outlines its plan to pay back all debtors as it emerges from bankruptcy. Tamarack is rebounding from a false incide...

Tamarack Aerospace has voluntarily filed for chapter 11 bankruptcy. The company said it made the move as a direct result of the EASA and FAA Airworthiness Directive (AD) issued against the Tamarack ATLAS Active Winglet system, which has effectively grounded the fleet of CitationJets with the Act...