I believe the foreign ownership was least of the problems. our pres got a letter from our poi giving "the facts" of the ami/tag disaster. among the highlights were the facts that ami/tag could not prove crews were trained for 135 ops, crews met duty and rest requirments etc. Another rumor is that AMI/tag felt that the expected fines were cheaper than training. so suck up the fine and continue. Not smart.
I beg to differ with you on this training issue. There is not one person who can step forward and say that he or she was not trained by AMIJC or TAG Aviation USA. Simply not so and I would suggest that this letter be posted if in fact it is true Rumors have no place in these kind of activities.
A someone else has mentioned here, TAG SA is in fact owned by a family who has their roots in the Middle East and Europe. The original founder Karim (SP)Ojjeh had strong ties with the Saudi Royal family and two of his sons have continued to build their business empire on solid western business ethics. Both sons are educated in the US and both are married to American women. They have homes in the US as well as locatioins in Europe. TAG along with Mercedes own and sponsor the Mc Leran F1 team. In past Middle Eastern conflicts that the US has involved themselves in, the parent company TAG Aeronautics has enjoyed a excellent relationship with western interests. My guess is that TAG will simply dissapear from the US avaition scene and continue to be very sucessful in Farborough and other European countries as well as Asia. To bad as I think we lost a damn good Part 135 operation of which there are few. By the way I do not believe anyone has gone through this process other than TAG, as the FAA has only one team trained in this process. They say there will be more to follow, so hang on it's going to get rough out there.