A-Tec: Kovats’s Prestige Projects on the Brink

Published: November 29, 2010; 12:37 · (Vindobona)

Due to the insolvency of the A-Tec Group. founder and CEO Mirko Kovats will have to give up prestigious projects such as his A-Jet.

A-Tec: Kovats’s Prestige Projects on the Brink / Picture: © A-Tec

A-Jet, an A-Tec subsidiary, is in big problems as a result of the insolvency of the group. The business jet operator is therefore forced to look for investors. For CEO and co-owner Peter Tutschek all these turbulences came as a "big surprise". This should also be seen this way by the banks, because for two aircraft, a refinancing was still undertaken this year. The company founded in…

This article includes a total of 199 words.

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