CTL-Aerospace, Inc. filed a voluntary petition initiating Chapter 11 proceedings on September 8, 2025. The company also requested an expedited hearing in the U.S. Bankruptcy Court for the Southern District of Ohio, Cincinnati Division.
Highlights
- CTL-Aerospace, Inc. seeks to continue normal operations during the Chapter 11 proceedings.
- First-day hearing of the case has been scheduled for September 10, 2025.
- The company has listed non-insider creditors with the largest unsecured claims.
CTL-Aerospace, Inc. Files for Bankruptcy
The company operates two facilities in Cincinnati, including its corporate office and an aviation repair and overhaul division (Source: ctlaerospace.com)CTL-Aerospace, Inc. is a family-owned, veteran-founded aerospace firm that is headquartered in Cincinnati, Ohio. Since 1946, they have established a tradition as a reliable provider of custom precision composite manufacturing and component repair services.
With strong certifications and compliance requirements, large manufacturing plants, and an extensive product portfolio, they are capable of serving both the government and large aerospace companies worldwide.
On Monday, the company filed for Chapter 11 bankruptcy, citing financial difficulties. The company is seeking to continue normal business operations if it gets approval to pay employees and maintain benefits, use cash collateral to fund operations, and prevent service interruptions from utilities.
According to PacerMonitor, the company has moved to retain Patricia J. Friesinger of Coolidge Wall Co., L.P.A. as debtor’s counsel. The first hearing is set for September 10, 2025.
Court filings show the company has between 200 and 999 creditors, with assets and liabilities estimated between $10 million and $50 million.
The September 10 hearing will determine whether CTL-Aerospace can secure financing and approvals needed to continue operations during restructuring.
With such a granting, CTL-Aerospace will have the chance to sustain payroll, keep on serving its customers and negotiate with creditors, and devise a reorganization plan. If approved, CTL-Aerospace will be able to maintain payroll, continue serving customers, negotiate with creditors, and outline a reorganization plan.