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<A NAME="A001"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION</B></FONT></FONT></P>

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<A NAME="A003"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>WASHINGTON,
D.C. 20549</B></FONT></FONT></P>

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<A NAME="A004"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="4"><B>FORM
8-K</B></FONT></FONT></P>

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<A NAME="A005"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>CURRENT
REPORT<BR>Pursuant to Section&nbsp;13 or 15(d)<BR>of
the Securities Exchange Act of 1934</B></FONT></FONT></P>


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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Date of
Report (Date of Earliest Event Reported): &nbsp;&nbsp;<B>May 16, 2007</B></FONT></FONT> </P>

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<A NAME="A008"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="5"><B>Global
Aircraft Solutions, Inc.</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">(Exact Name
of Registrant as Specified in Charter)</FONT></FONT> </P>


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    <TH colSpan=2><FONT face="Times New Roman, Times, Serif"
  size=2></FONT></TH></TR>
  <TR vAlign=bottom>
    <TD align=left width="37%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Nevada</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="30%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>000-28575</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="23%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>84-1108499</B></FONT></TD>
    <TD align=left width="2%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(State of
      Incorporation)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>(Commission File Number)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(IRS
      Employer</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>
      </FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
size=2></FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification No.)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR></TABLE><BR><BR>

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<A NAME="A009"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>P.O.
Box 23009 Tucson, AZ 85734</B><BR>(Address of principal executive offices)</FONT></FONT></P>

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<A NAME="A010"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>(520)&nbsp;294-3481</B><BR>(Registrant's telephone number, including area code)</FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>N/A</B><BR> (Former
Name or Former Address if Changed Since Last Report</FONT></FONT> </P>


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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<I>see </I>General Instruction A.2. below):</FONT></FONT></P>

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     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>

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     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">|_| </FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>

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     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">|_| </FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR  240.14d-2(b)).</FONT></FONT> </P></TD>
</TR>
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<BR>

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     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR  240.13e-14(c).</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>INFORMATION
CONCERNING FORWARD-LOOKING STATEMENTS &#151; This report and any exhibit or
exhibits attached hereto, contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including, without
limitation, statements as to management&#146;s good faith expectations and
beliefs, which are subject to inherent uncertainties which are difficult to
predict, and may be beyond the ability of the Company to control.
Forward-looking statements are made based upon management&#146;s expectations
and belief concerning future developments and their potential effect upon the
Company. There can be no assurance that future developments will be in
accordance with management&#146;s expectations or that the effect of future
developments on the Company will be those anticipated by management.</I></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>The
words &#147;believes,&#148; &#147;expects,&#148; &#147;intends,&#148;
&#147;plans,&#148; &#147;anticipates,&#148; &#147;hopes,&#148;
&#147;likely,&#148; &#147;will,&#148; and similar expressions identify such
forward-looking statements. Such forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company or its subsidiaries
or industry results, to differ materially from future results, performance or
achievements expressed or implied by such forward-looking statements.</I></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>Readers
are cautioned not to place undue reliance on these forward-looking statements
which reflect management&#146;s view only as of the date of this Form 8-K. The
Company undertakes no obligation to publicly release the result of any revisions
to these forward-looking statements which may be made to reflect events or
circumstance after the date hereof or to reflect the occurrence of unanticipated
events, conditions or circumstances. For additional information about risks and
uncertainties that could adversely affect the Company&#146;s forward-looking
statements, please refer to the Company&#146;s filings with the Securities and
Exchange Commission, including its quarterly report on Form 10Q for fiscal
quarter ended March 31, 2006, it&#146;s quarterly report on Form 10Q for fiscal
quarter ended June 30, 2006, it&#146;s quarterly report for fiscal quarter ended
September 30, 2006 on Form 10Q, it&#146;s annual report for fiscal year ended
December 31, 2006 on Form 10K and periodic filings on Form 8K.</I></FONT></FONT></P>

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<A NAME="A012"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 2.02.&nbsp;&nbsp;&nbsp;
Results of Operations and Financial Condition</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On May
16, 2007, Global Aircraft Solutions, Inc. (the &#147;Company&#148;) issued a
Press Release announcing a brief statement about profitability for the quarter
ended March 31, 2007 as well as statement announcing that the Company submitted
a request for extension of time to file Form 10-Q for the quarter ended March
31, 2007. The May 16, 2007 Press Release is furnished hereto as Exhibit 99.1 and
incorporated by reference into this Item 2.02.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
information in the press release and in this Item 2.02 is &#147;furnished&#148;
and not &#147;filed&#148; for purposes of Section 18 of the Securities and
Exchange Act of 1934, or otherwise subject to the liabilities of that section.
Such information may be incorporated by reference in another filing under the
Securities and Exchange Act of 1934 or the Securities Act of 1933 only if, and
to the extent that, such subsequent filing specifically references such
information.</FONT></FONT></P>

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<A NAME="A013"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 7.01.&nbsp;&nbsp;&nbsp;
REGULATION FD DISCLOSURE</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
information included in Item 2.02 of this Form 8-K is incorporated by reference
into this Item 7.01 in satisfaction of the public disclosure requirements of
Regulation FD. This information is &#147;furnished&#148; and not
&#147;filed&#148; for purposes of Section 18 of the Securities and Exchange Act
of 1934, or otherwise subject to the liabilities of that section. It may be
incorporated by reference in another filing under the Securities and Exchange
Act of 1934 or the Securities Act of 1933 only if, and to the extent that, such
subsequent filing specifically references the information incorporated by
reference herein.</FONT></FONT></P>


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<A NAME="A014"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 9.01.&nbsp;&nbsp;&nbsp;
Financial Statements and Exhibits</B></FONT></FONT></P>

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<A NAME="A015"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">(a) &nbsp;&nbsp;&nbsp;None<BR>(b)&nbsp;&nbsp;&nbsp;
<BR>None<BR>(c)&nbsp;&nbsp;&nbsp;Exhibits</FONT></FONT></P>




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     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit No.</FONT><HR WIDTH="100%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
     <TH COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Document</FONT><HR WIDTH="100%" SIZE="1" COLOR="BLACK" NOSHADE></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="20%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="6%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="70%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="2%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">99.1</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Copy of May 16, 2007 Press Release</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD>&nbsp;</TD><TD></TD>
     <TD></TD><TD></TD>
</TR>
</TABLE>


<!-- MARKER FORMAT-SHEET="Head Major" -->
<A NAME="A017"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>SIGNATURES</B></FONT></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent" -->
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</FONT></FONT></P>


<!-- MARKER FORMAT-SHEET="Para Flush" -->
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Date: &nbsp;&nbsp;&nbsp;May 16,
2007</FONT></FONT></P>




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     <TD WIDTH="50%">&nbsp;</TD>
     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Global
Aircraft Solutions, Inc.</B> <BR>(Registrant) <A NAME="A018"></A>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR><BR><BR> By:&nbsp;&nbsp;<U>/s/&nbsp;&nbsp;&nbsp;
John Sawyer</U><BR>Name:&nbsp;&nbsp; John Sawyer<BR>Title:&nbsp;&nbsp; President</FONT></FONT> </P></TD>
</TR>
</TABLE>
<BR>



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{"company-data": {"conformed-name": "GLOBAL AIRCRAFT SOLUTIONS, INC.", "cik": "0000854171", "assigned-sic": "4581", "irs-number": "841108499", "state-of-incorporation": "AZ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28575", "film-number": "07857109"}, "business-address": {"street1": "6900 S. PARK AVE.", "street2": "P.O. BOX 23009", "city": "TUCSON", "state": "AZ", "zip": "85706", "phone": "5202943481"}, "mail-address": {"street1": "6900 S. PARK AVE.", "street2": "P.O. BOX 23009", "city": "TUCSON", "state": "AZ", "zip": "85706"}, "former-company": [{"former-conformed-name": "RENEGADE VENTURE NEV CORP", "date-changed": "19981116"}, {"former-conformed-name": "RENEGADE VENTURE CORP", "date-changed": "19920703"}]}
AutoCoded Document
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date of
Report (Date of Earliest Event Reported):
May 16, 2007
Global
Aircraft Solutions, Inc.
(Exact Name
of Registrant as Specified in Charter)
Nevada
000-28575
84-1108499
(State of
      Incorporation)
(Commission File Number)
(IRS
      Employer
Identification No.)
P.O.
Box 23009 Tucson, AZ 85734
(Address of principal executive offices)
(520) 294-3481
(Registrant's telephone number, including area code)
N/A
(Former
Name or Former Address if Changed Since Last Report
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (
see
General Instruction A.2. below):
|_|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR  240.14d-2(b)).
|_|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR  240.13e-14(c).
INFORMATION
CONCERNING FORWARD-LOOKING STATEMENTS — This report and any exhibit or
exhibits attached hereto, contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including, without
limitation, statements as to management's good faith expectations and
beliefs, which are subject to inherent uncertainties which are difficult to
predict, and may be beyond the ability of the Company to control.
Forward-looking statements are made based upon management's expectations
and belief concerning future developments and their potential effect upon the
Company. There can be no assurance that future developments will be in
accordance with management's expectations or that the effect of future
developments on the Company will be those anticipated by management.
The
words "believes," "expects," "intends,"
"plans," "anticipates," "hopes,"
"likely," "will," and similar expressions identify such
forward-looking statements. Such forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company or its subsidiaries
or industry results, to differ materially from future results, performance or
achievements expressed or implied by such forward-looking statements.
Readers
are cautioned not to place undue reliance on these forward-looking statements
which reflect management's view only as of the date of this Form 8-K. The
Company undertakes no obligation to publicly release the result of any revisions
to these forward-looking statements which may be made to reflect events or
circumstance after the date hereof or to reflect the occurrence of unanticipated
events, conditions or circumstances. For additional information about risks and
uncertainties that could adversely affect the Company's forward-looking
statements, please refer to the Company's filings with the Securities and
Exchange Commission, including its quarterly report on Form 10Q for fiscal
quarter ended March 31, 2006, it's quarterly report on Form 10Q for fiscal
quarter ended June 30, 2006, it's quarterly report for fiscal quarter ended
September 30, 2006 on Form 10Q, it's annual report for fiscal year ended
December 31, 2006 on Form 10K and periodic filings on Form 8K.
ITEM 2.02.   
Results of Operations and Financial Condition
On May
16, 2007, Global Aircraft Solutions, Inc. (the "Company") issued a
Press Release announcing a brief statement about profitability for the quarter
ended March 31, 2007 as well as statement announcing that the Company submitted
a request for extension of time to file Form 10-Q for the quarter ended March
31, 2007. The May 16, 2007 Press Release is furnished hereto as Exhibit 99.1 and
incorporated by reference into this Item 2.02.
The
information in the press release and in this Item 2.02 is "furnished"
and not "filed" for purposes of Section 18 of the Securities and
Exchange Act of 1934, or otherwise subject to the liabilities of that section.
Such information may be incorporated by reference in another filing under the
Securities and Exchange Act of 1934 or the Securities Act of 1933 only if, and
to the extent that, such subsequent filing specifically references such
information.
ITEM 7.01.   
REGULATION FD DISCLOSURE
The
information included in Item 2.02 of this Form 8-K is incorporated by reference
into this Item 7.01 in satisfaction of the public disclosure requirements of
Regulation FD. This information is "furnished" and not
"filed" for purposes of Section 18 of the Securities and Exchange Act
of 1934, or otherwise subject to the liabilities of that section. It may be
incorporated by reference in another filing under the Securities and Exchange
Act of 1934 or the Securities Act of 1933 only if, and to the extent that, such
subsequent filing specifically references the information incorporated by
reference herein.
ITEM 9.01.   
Financial Statements and Exhibits
(a)    None
(b)
None
(c)   Exhibits
Exhibit No.
Document
99.1
Copy of May 16, 2007 Press Release
SIGNATURES
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.
Date:    May 16,
2007
Global
Aircraft Solutions, Inc.
(Registrant)
By:
/s/   
John Sawyer
Name:   John Sawyer
Title:   President