Avantair bankruptcy?

[GooseHZ]

who would go back?

 

[chief9404]

To the current employees:

If they go bankrupt they will not pay any past medical bills that have not been paid by the insurance. Sometime it takes months for insurance to pay off a office visit or procedure. These bills will come back to haunt you.

BTDT with a previous airline.

 

[RoughAir]

Also if bankruptcy is involved you "may" receive some of your backpay after the courts clear all of this. I got a check for about 50% of my due backpay after Midway Airlines (#2) went bankrupt 5 years after the day of bankruptcy. The union (ALPA) filed a petition on our behalf in court.
Good luck.

 

[OPECJet]

In the meantime depending on local law, they may be guilty of theft of services since they have not declared bankruptcy.

 

[Luis1576]

Anyone got a recommendation for a good type to go get? (displaced P180 jockey). Figured I would try to take advantage of some of those programs that are available.

Get a Hawker type... there seems to be a lot of contract work on those.

 

[Capt. JD]

i bet they come out 35% more expensive than they were.

Close, 40%... Man was Avantair under cutting MX!

http://www.ainonline.com/aviation-news/ainalerts/2013-07-09/avantair-unveils-details-go-forward-plan

"Those shareowners opting to stay with the new Avantair would have to pay a one-time assessment of $25,000 for a ?catch-up maintenance fund? to bring the fleet to airworthy condition. Monthly management fees?which also include 1/12th of owners? annual occupied time?would rise by nearly 40 percent, to $15,846."

 

[GooseHZ]

soooo...they've not been doing mx??? How can the FAA allow the.same management team to run that train wreck??

 

[gutshotdraw]

I truly wish the best for the AA employees but this "reorganization plan" strikes me as throwing more good money after bad. For the "investors," employees, and especially the customers. Just don't see too many putting up the "one-time" fee.

 

[brokeflyer]

i knew it wouldnt be long before the union wrecked that place too

 

[CaveoFalco]

i knew it wouldnt be long before the union wrecked that place too

Red Herring Alert! Now back to our regularly scheduled programming.

 

[Freight Dawg]

What ever happened to that antiunion management guy on here that was from Avantair? I am pretty sure that management wrecked this ship, they usually do.

 

[imacdog]

Those who know Broke's posting history can see the sarcasm.

Paging B19, how ya doing?

 

[Freight Dawg]

Yeah...B19 where is that guy. Boy he's awful quiet when his company on a pedestal tumbled.



This in no way or fashion a dig, or any other perceived snub towards the hard working LINEpilots at Avantair. Hey if your management...well that's another story.

 

[dashtrasher]

From AIN

Avantair Involuntary Bankruptcy Case Speeding Along
The involuntary Chapter 7 case against Avantair in the U.S. Bankruptcy Court in Tampa, Fla., is proceeding at a much faster pace than industry sources initially expected. On Thursday, just one week after the case was filed, U.S. Bankruptcy Judge Catherine McEwen held an emergency hearing to consider the filing creditors? request for appointment of an interim bankruptcy trustee, as well as a motion to prevent removal of business records. Supporting their request for appointment of a trustee, the plaintiffs said Avantair is no longer operating as a ?business in the ordinary course,? has no income and is not meeting contractual obligations to customers, among other charges. Judge McEwen granted this motion, appointing Beth Ann Scharrer as the interim trustee and approving the request to secure business records, which includes aircraft maintenance logs. In addition, the judge reduced Avantair?s time to respond to the involuntary bankruptcy filing by 10 days to today (August 6). On Saturday morning, Scharrer visited Avantair?s Clearwater, Fla. headquarters to secure the premises, only to find many of the 30 doors at the facility unlocked, some cleaned-out offices and evidence that furloughed employees had been in the offices within the preceding 24 hours. Since then, the locks have been changed and the employees? magnetic airport access cards invalidated. A follow-on hearing is set for Friday morning in Tampa.

 

[CA1900]

... only to find many of the 30 doors at the facility unlocked, some cleaned-out offices and evidence that furloughed employees had been in the offices within the preceding 24 hours...

That can't be good...