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Fairchild confronted significant uncertainty in its aerospace division. Fairchild pursued a strategy of restricting its participation inside the plane small business, picking out to concentrate additional of its resources in expansion parts like communications and electronics. As Component of that tactic, Fairchild actively pursued potential buyers for its Fairchild Republic and Fairchild Aircraft models, or partners that could share The prices of These operations.
The court appointed Fairchild Dornier submitted bankruptcy administrator decided that the company must be bought in parts. Fairchild/Dornier entered into chapter 11 and sold the rights to its plane.
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