✈️New Chapter 11 Bankruptcy Filing - Avenger Flight Group LLC✈️

Summary

The episode breaks down Avenger Flight Group LLC’s recent Chapter 11 filing, detailing its rapid expansion into a global network of flight simulators and the massive debt that financed that growth, including a $155 million term loan and various secured leases. Host Lawrence Perkins explains the market demand for pilot training—over 250,000 new pilots needed by 2032—and how the company’s aggressive rollout left it vulnerable to creditor pressure. The discussion highlights the lender‑led credit bid, a settlement that pays SIM International €626.2 k, and the unresolved claims from Export Development Canada, illustrating the complex restructuring path ahead.