January 24, 2008   ALPHA AVIATION: Put Into Liquidation; Parent Seeks Trading Halt Alpha Aviation has been put into liquidation, the New Zealand  Press Association reports, citing a statement made by the  company in a staff meeting on Tuesday. The company, according to NZPA, further informed its staff that  it can't pay wages. Also on Tuesday, Alpha Aviation's parent, Australian-based  Inventis requested for a halt in the trading of its securities. According to NZPA, Inventis appointed a liquidator after costs  spiraled out of control, and a three-month search had failed to  find a buyer of the business. Citing a report by The Times, NZPA relates that the liquidator  was likely to try and sell the Alpha as a going concern to  another aircraft manufacturer and reopen the factory.  Based in Hamilton, New Zealand, Alpha Aviation produces the  Alpha 2000 Series (formerly known as the Robin R2160 and R2120)  training aircraft.
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