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August 31, 2006

Airfix come unstuck

AirfixEmail received last night confirming that, after Heller went into administration a few weeks ago, Humbrol have followed suit. Not a real shock, things have been looking bad for many years. But after the success of the TSR.2 and further developments this year it did look like the lame duck had finally started to exercise its wings once more.

We'll have to see what happens next, but with Heller in worse and worse financial condition, and holding all the moulds (bar a few), they've really got Humbrol by the short and curlies. Without any way of manufacturing Airfix stock, there's nothing to sell. Expect a HUGE surge in eBay selling.

Stories online include:

BBC Online | Sticky future for kitmaker Airfix

thisislondon.co.uk | After 60 years, Airfix finally comes unstuck

The Sun | Model firm is in a fix

Channel 4 News | Future of kids' favourite Airfix in doubt

The Register | Airfix crashes and burns

thisismoney.co.uk | Last flight of Airfix as model firm goes bust

Press release via Hannants

Daily Mail | After 60 years, Airfix finally comes unstuck

this is Hull and East Riding | END OF THE LINE FOR AIRFIX FIRM

Guardian Online | comment is free | Model behaviour

Guardian Unlimited Business | Last year's model: Airfix goes bust

The Airfix Tribute Forum

The Unofficial Airfix Modellers forum

Posted by alan at August 31, 2006 01:17 PM

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