Avantair CFO Resigns

[SharkRider]

It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.

 

[SharkRider]

It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.

 

[SharkRider]

It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.

 

[B-J-J Fighter]

It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.

Lol. So waft is it?

 

[Capt. JD]

It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.

Who wants to take over as Captain on a sinking ship?! Wonder how long it will take there new COO to want to jump ship as well? It like musical chairs over there or the game "your it" with being in charge, LOL!

http://www.ainonline.com/aviation-news/ainalerts/2013-01-29/avantair-rebounds-hires-new-coo

 

[brokeflyer]

looks bad over there, i wish the crew's could come out as good as management who takes all that money for failure.

 

[CALRepublic]

Lots of gloom n doom flying around. The same predictions were said of FLOPS from 2007-2009, FX 2010, CS 2011, FX again last year, and here we are.

I guess now its Avant Air's turn

 

[SharkRider]

Sorry about the duplicates,,, puter went nuts

 

[rajflyboy]

I hear you guys have a new leader coming in. His name is David Sokol. He will save the day for you.

And he is a straight up kind of person who always tells the truth.

 

[greed]

Good luck guys, keeping my fingers crossed for ya!

 

[G4dude]

I wonder if Piaggio is thinking about buying it.

 

[Gone Soaring]

The latest rumor is that Santo will be leaving on or around 4/15. If you go to their SEC filings, you will see that Lorne Weil is now the lead director and has a huge position in leases to Avantair, the terms of which favor him and not the Company.

 

[CALRepublic]

I wonder if Piaggio is thinking about buying it.

The Italians are broke my friend. Their economy, political establishment, labor system, pretty much everything is a mess

Piaggio will not be coming to the rescue

 

[jonjuan]

The latest rumor is that Santo will be leaving on or around 4/15. If you go to their SEC filings, you will see that Lorne Weil is now the lead director and has a huge position in leases to Avantair, the terms of which favor him and not the Company.

500,000 shares purchased at .60 and 2,000,000 purchased at .75. Stock currently at .15. Ouch.

 

[crewfoodmonkey]

Maybe he'll put his son Luke in charge.

http://dealbreaker.com/2007/06/born-classy-luke-weil-goes-to-jail-camp/

 

[AftCG182]

*deleted*

 

[Capt. JD]

Maybe he'll put his son Luke in charge.

http://dealbreaker.com/2007/06/born-classy-luke-weil-goes-to-jail-camp/

I flew him back from a bird hunting trip in Old Mexico to Teterboro about 3 years ago with some of his rich friends! They were getting there party on first classy all the way, he should run VNR forsure! With papa's permission of course...

 

[crewfoodmonkey]

So, any truth to the rumors some employees who were expecting a paycheck today were told they might get paid next week?

 

[chief9404]

Check out www.fractrade.com. Look at all the Avantair owners trying to unload.

http://www.fractrade.com/private-jets-for-sale

 

[sshrae]

Wow, not good. I hear pretty much all the FO's are leaving or gone already.