Avantair CFO Resigns

[gutshotdraw]

http://biz.yahoo.com/e/130326/aair8-k.html

"Effective March 21, 2013, the President of the Company, Stephen M. Wagman, resigned his position with the Company to pursue other opportunities. Mr. Wagman will remain with the Company in order to transition his previous responsibilities through April 14, 2013. Upon Mr. Wagman's departure from the Company, David Haslett, will be appointed President and assume Mr. Wagman's responsibilities. "

Avantair guys, is this "Pan, Pan, Pan" or "Mayday, Mayday, Mayday"?

From the cheap seats, the CFO and the President departing the pattern within days of each other sure doesn't look good.

Best of luck.

 

[propsarebest]

WOW!!! Rats on a ship...

Sorry for all the guys stuck in the middle of this crap.

 

[CE750Driver]

http://biz.yahoo.com/e/130326/aair8-k.html

"Effective March 21, 2013, the President of the Company, Stephen M. Wagman, resigned his position with the Company to pursue other opportunities. Mr. Wagman will remain with the Company in order to transition his previous responsibilities through April 14, 2013. Upon Mr. Wagman's departure from the Company, David Haslett, will be appointed President and assume Mr. Wagman's responsibilities. "

Yes guys. Get your resumes out now. Actively be looking. This is an ominous sign. Take something, anything, if you are offered.

Good luck.

 

[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.

 

[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!