Latest @ Evergreen?

[airgator]

http://www.evergreenaviation.com/p_releases/053111.html

Are you guys simply trying to raise capital for more -400's? What's the word out on the line?

 

[Zoneload]

Who knows.. No 400's till next year. So we are stuck with just the one flying for Saudia.

 

[GG747]

Been seeing a lot of "For Sale" signs around here. Guess the airline is next. Lots of rumors floating around this place.

 

[propsarebest]

EVERYTHING is for sale...

Well, the stuff that isn't already sold.

 

[Zoneload]

Your on vacation. You should not be on flight info..Is the water park for sale?

 

[GG747]

Yep. If you see it and the price makes us a profit, he will sell it. Smart move if you ask me. I guess the idea is to make as much profit for the holding company as possible.

 

["Luke"]

I hear Evergreen Helicopters is making money from some friends; how about the airline (the 747's)?

 

[Zoneload]

The airline always makes money.. The money just goes to build water parks and not for planes..

 

[Nevergreen]

With hundreds of square miles of Arizona burning where is the mighty Supertanker?

The DC-10 Tanker is in AZ and making drops......don't tell me Evergreen can't get it up! Or is Evergreen management impotent again!

What a waste of $100 million plus and counting!

 

[Zoneload]

$100 million... Last I heard was $40 Million.. I think they need to be called to fly. They just don't jump in the thing and show up. Also I did hear that they need to move it from MZJ now that the Air Center is sold. I guess the new owners want EIA to pay to have it sit in MZJ. When texas was burning a few months ago the tanker was in staged in Texas but flying in Mexico. Texas did not want to pay to use it.

 

[Nevergreen]

They spent more than $50 mill just getting it approved a few years ago. It hasn't had a real long or even medium term contract since. How much do they lose on it every year?

C.H. and I go way back. We have had many conversations regarding the Supertanker over the years. It is a never ending money pit.

Your right about not just jumping in it and showing up.....I suspect the thing isn't even airworthy at the moment. As for paying for it to sit in MZJ, Del should pay for parking just like anyone else....he doesn't own the Air Center anymore.

Now if he would just sell the airline to someone who wants to be in the air cargo business, we would all be better off.

 

[Zoneload]

Shoe Phone said 50 million.. Thats a long way from 100 Million. I don't know how much they have spent on it and I really don't care.

I wish someone would buy the airline and get us some planes. I wish all the Union BS would get settled so we could move on. But for now one person is holding things up.

We all want the same thing and that is work so I can pay my bills. I am tired of hearing the same we are looking at -400s and then nothing happens. We have looked at more 400's with nothing to show for it. Got to go have work a flight have a good night..

 

[tubineotter]

ive heard the rumor more than once that Southern is looking @ buying the airline??????

 

[Zoneload]

If you mean the holding company that owns Southern Air, You have to ask why? I heard the same thing a few weeks ago from some of EIA's best story tellers. Why would any other airline want the 9 classic and 1 400 we have. 4 of the classic planes have over 105000 hours on them. I dont see it but if it did happen it would be nice to work with you again..

 

[tubineotter]

i agree can not see any reason for it my self, but would like to work with all yall again

 

[Classicdriver]

A few years ago, when Atlas was looking at Evergreen, it was the certificate that had GREAT value. I guess it's one of the oldest ones out there and has a lot of landing/overfly rights that you can no longer get.

 

[Zoneload]

What are you waiting for.. Get Atlas to buy us!! I would buy you a beer.

 

[Nevergreen]

I think 3-5 years ago Del would have had a shot at finding a buyer for the airline....but now it is probably too late. The fleet is too old and pathetic.

Our competitors don't need our certificate. Look at Atlas and Kalitta, they don't have the same certificate as us....yet they fly all over the world.

If Del doesn't decide soon that he really wants to run an airline, then EZ is doomed. He is wasting too much time and money on pathetic side businesses like the Imax and Waterpark. What's next? Evergreen Miniature Golf ? Evergreen Petting Zoo?

 

[Zoneload]

I think the petting Zoo is in the works.. So keep your fingers crossed. Mini golf would be nice and a great way to work on that putting stroke.

I don't care what they build across the street. The airline still make enough cash to cover all that and get some newer planes. The fleet was old and pathetic 5 years ago. We need a few BCF's to replace 470/471/482/485/486 the GE planes still have some life in them.

If we fly one of those to MMV in would make a great indoor Mini golf...

 

[Victor Meldrew]

Weren't the pilots realeased a while back to cooling off? Last I heard they were gung ho to strike and force Del's arm?

All said and done it's a very sad to see the possible decline of on of the greats out there.