Spyker, Dutch speciality car maker and one-time owner of Saab, has been handed a lifeline out of bankruptcy and is now looking forward to a mooted merger with an aircraft manufacturer.
Back on December 18, 2014, Spyker, in its current form, looked dead and buried when the company officially filed to have its status changed from bankruptcy protection to bankrupt, as the “committed bridge funding did … not reach the company in time”.
Days after this petition was filed, though, the money did come through, enabling the company to lodge an appeal on December 29. That appeal has now been approved by the courts and Spyker is now back under moratorium of payment protection, the Dutch equivalent of Chapter 11.
According to Victor Muller, Spyker’s founder and CEO, the company hopes to “exit moratorium of payment in a matter of weeks”. After this the company will revive work on its B6 Venator “entry-level” sports car range (above), as well begin its “merger with a US based manufacturer of high performance electric aircraft”.
Although Spyker didn’t name the aircraft maker, it hopes that this company’s “exciting new sustainable and disruptive technologies … will find their way into full electric Spyker cars in the foreseeable future”.