AIN on Avantair

[HazMat]

Just the facts. In the last 6 months ending december 31st the company paid 10 million in debt, raised 8.4 million in equity and increased it's cash position almost 4 million dollars. You are not going to like this but even if you take the equity raise out that's 5.6 million in cash earned during that period. Once again why do you care this thread was intended to post some positive news about hiring.

 

[HazMat]

Also I just looked at Bloomberg and the 1 year return on the stock is 84%. Just the truth man.

 

[Grizz]

but we do have the plan we just haven't reached the trigger point to implement it yet.

Something tells me that trigger point will always be just over the next hill...

 

[BeenThereDoneIt]

Haz, you paid $10,000,000 in debt? That is good news. You sold $8,000,000 in stock to raise cash? Ok. That doesn't change the fact that your co-worker (and you) came here and claimed that Avantair made a 38K profit last year, yet the TRUTH is that Avantair lost over 4.6 million dollars last year. I'll ask again......does your "post" imply that Avantair is in the RED or in the BLACK? Twice you have said BLACK even though you and I both know that is a lie. Just the Truth, man.

PS: Santos just signed a new 3-year Contract that gave him a 25% pay raise, and his Bonus went from $100,000 in 2008 up to $452,000 in 2009. Meanwhile, you guys are getting stuck in the Holiday Inn....LOLOL

 

[HazMat]

We are implying that on a cash flow basis this fiscal year we are in the black. Not last year this year. If we say you win will you move on

 

[BeenThereDoneIt]

If you will admit that you lost over 4.6 million dollars last year I will move on. Just the Truth man,,,Just the Truth.

 

[gunfyter]

I would not expect profits during a growth phase of a young company.

 

[HazMat]

Ok we lost 4.6 million last year now do what you promised and move on you will be much happier man

 

[C425Driver]

If you will admit that you lost over 4.6 million dollars last year I will move on.

If that's all it takes to get you to move on, then, yes, we lost 4.6 million dollars last year. Now move on and have a nice f'n life.

 

[glasspilot]

4.6 million, down the tubes. Gone forever.

Later.


If that gets rid of BeenThereSpunIt then it was worth every cent.

 

[BeenThereDoneIt]

4.6 million...indeed.

 

[glasspilot]

4.6 million...indeed.

You promised to 'move on'. I guess you can add "liar" to your short resume.

 

[wacoflyr]

Hey, I just called him that on the other thread!

 

[BeenThereDoneIt]

Hey Waco.....my buddy owns a small cabinet shop and is hiring a cabinet maker for $45,000 per year. It is 8-5, Monday-Friday, all holidays and weekends off. You can sleep in your own bed every night and never miss a birthday. And the great news is....you would be making more cutting and gluing wood than you do as a professional pilot at Avantair. Should I give him your number?

 

[mainiac]

Lemme see, turning this back into a positive thread:

Just got come home from recurrent, and there's 65" of new snow on top of my mountain. My biggest "problem-solving challenge" (sounds like a CRM module, huh) right now is whether to ski first tomorrow, or blaze my private snowmobile trail out to the ITS network.(translated to International Trail System, referring to the 14,000 miles of Snowmobile trails we have here in Maine)

Since my bills are paid, my daughter's tuition is paid, my Lake Tahoe ski trip (during this month's 3-week vacation) is PAID, I'm happy that soon there will be some new-hires coming here to share this same kind of terrible "problem-solving challenge"!

 

[HazMat]

Hmm cabinet maker sounds better to me than 172 flight instructor. I am a little to old to teach 17 year olds how to fly in a bug smasher. I like it better here you didn't to each his own.

let me know when you feel better? I know I do I can't tell you how much laughing occurs based on your entire life being based on posting crap about avantair on flightinfo. It might be time for therapy my man. Really you need to move on

 

[BeenThereDoneIt]

Do you 2 always speak for the FO's? LOLOLOL. Let Waco answer for himself.

 

[wacoflyr]

Does anybody know of a good way to keep goats fenced in? My wife's goats keep getting out and I'm afraid they might eat the neighbor's garden this spring.

 

[mainiac]

At least the goats won't spit that green stuff at you like your Alpaca'a did!:laugh:

 

[wacoflyr]

True. They lick the road salt off of our vehicles, which is some benefit, I guess. All the same, I'm tempted to rope 'em if they won't stay fenced. They might just learn the true meaning of 'goat roped.'

 

[jonjuan]

Honest, Mom. I was just trying to push the goat over the fence.

 

[hangarrat]

Honest, Mom. I was just trying to push the goat over the fence.

some one owes me a new keyboard :laugh:

 

[BeenThereDoneIt]

Haz"Matt"...did you hire in as a street Captain at Avantair?

 

[brokeflyer]

what are we looking at in your avatar?
is that oil pressure?

 

[BeenThereDoneIt]

Yeah......the one on the left is oil pressure in the yellow. We were asked to fly a few more days like that before we could take it into maintenance. I have video too....LOL

 

[jonjuan]

Yeah......the one on the left is oil pressure in the yellow. We were asked to fly a few more days like that before we could take it into maintenance. LOL

And you said "no way", right? LOL

 

[brokeflyer]

Yeah......the one on the left is oil pressure in the yellow. We were asked to fly a few more days like that before we could take it into maintenance. I have video too....LOL

so they asked you to exceed the limitations of the airplane?

nice

 

[wacoflyr]

Broke, know what a new PT6 costs? I don't either, but I bet it's a lot. Do you really believe that they were asked to fly with the oil in the yellow? Also, he was the copilot. It would have been his job to say no. If he were telling the truth, he would have flagrantly violated an FAR. One or the other has to be true. I know which one I believe.

 

[BeenThereDoneIt]

As long as you know......LOL. Did you decide on that job offer I gave you...gluing boards together and getting a pay raise?

 

[glasspilot]

This is laughable...

If BeenThereSpunIt's (BTSI) avatar picture is true then the needle is either in the green or the yellow as the picture doesn't really show.

Of those two options either:

A. It's in the green and there is no problem, or

B. It's in the yellow and there is a problem. If that is the case then there are two options;

.....B1. It's in the yellow and got fixed, or

.....B2. It's in the yellow and Mr. BTSI flew it.



If A or B1 are true then great and there is no story to gloat about.

However, if B2 is true (as BTSI proclaims) then BTSI admits to having flown a plane outside the aircrafts limitations and is now bragging about doing so. If I were to unintentionally violate an FAR I'd fill out a NASA report. In contrast, BTSI takes a picture (and the video he now proclaims) and proceeds to INTENTIONALLY violate the limitation.

This is the 2nd or 3rd time I've addressed his avatar with the oil guage and once again I'd like to point out that,

1. At Avantair I have NEVER been pressed to fly broken equipment, and

2. If BTSI has been pressed to fly broken equipment then he is, as an FO, provided toe brakes and does not have to allow the plane to take off.

If B2 is true then BTSI knew he was breaking the limitations of the aircraft when he left. Rather than get maintenance involved or call the chief pilot like a normal pilot, he photographs and videos his FAR transgression and then posts it on a public forum after he quits.

Remember, BTSI quit, not for pushing him to fly, but for not upgrading him in these extremely tough economic times in the time frame that he expected.

I do believe any rational person can deduce exactly what happened here. And once again I'd like to point out that as a current Piaggio pilot familiar with this gauge, I can not ascertain where that needle lies in BTSI avatar. It looks like it's on the line to me.