SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (date of earliest event reported):
July 5, 2003
Aviation General, Incorporated
(Exact name of Registrant as specified in its charter)
Delaware 0-24795 73-1547645
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
7200 NW 63rd Street
Hanger 8, Wiley Post Airport
Bethany, Oklahoma 73008
(Address of principal executive offices, including zip code)
(405) 440-2255
(Registrant's telephone number, including area code)
- 2 -
Item 5. Other Events
As previously reported, Commander Aircraft Company, a wholly owned subsidiary of
Aviation General, Incorporated, filed for Chapter 11 bankruptcy protection on
December 27, 2002. On July 5, 2003, Commander filed a First Amended Plan of
Reorganization (the "Plan") with the United States Bankruptcy Court in the
District of Delaware. Implementation of the Plan is subject to a number of
conditions, including approval of the Plan by creditors of Commander and receipt
by Aviation General of proposed equity financing, which it would contribute to
the capital of Commander for use in implementing the Plan. For information
concerning the Plan, refer to the Plan and related Disclosure Statement, which
are filed as exhibits to this report.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit Description
99.01 Debtor's First Amended Chapter 11 Plan dated July 5, 2003
99.02 Disclosure Statement in Support of Debtor's First Amended
Chapter 11 Plan dated July 5, 2003
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Aviation General, Incorporated
By: /s/ WIRT D. WALKER III
-------------------------------
Wirt D. Walker III
Chairman
Date: July 22, 2003