Evergreen

[Zoneload]

Yes.. Yesterday they told us we would be closing EIA on the 29th.

 

[B747FR8DAWG]

Sorry to hear the news, wish you all the best going forward.

 

[Usedtobe]

I am truly sorry that the all the employees at Evergreen will suffer over what has been done to the company. I was there for 10 years in both Flying and Management and myself and the others that were there then still talk about all the great people that worked for the company and how good the crews were and still are. Contrary to "popular belief", this type of thing is exactly why I left, on my own, because myself and the owners had a huge disagreement over furloughing 30 crew members , most of whom we had just hired as told to, for some huge contract that they never got. All at his direction. I just could not stomach it anymore. My health was going bad and I would not do the furlough, so I resigned. Yes there were things that happened on a personal level between myself and the then VP of Flight Ops, but I left on my own and have documents to prove it.
I am so sorry that we could not have made to better when we were there, but only one person ultimately controlled ALL of the Major Decisions in the Airline.
I am hopeful that each of you will find another opportunity soon and be happy just being able to fly and not constantly worry about your jobs. Myself, I am old and Medically retired now, can't work because the Docs won't allow me, bur I think of all that time and all those mean and women at Evergreen that I worked with and how we'll they did their job.

God Bless to all of you,

Greg Troxell

 

[Flyer1015]

From Evergreen's website clicked on "Statement concerning recent articles in the media"

McMinnville, Oregon -- November 8, 2013

As has been previously reported in the press, Evergreen's business has been adversely impacted over the past several years by decreased demand in military spending and weakness in global economic markets. Management has moved to aggressively address these challenges, including through the divestiture of businesses and assets and the significant reduction of secured debt. Evergreen is in discussions with its significant constituencies and is exploring available strategic alternatives with those constituencies. While Evergreen generally does not comment on market rumor or conjecture, rumors that a decision has been made to cease operations at this time are false. Evergreen remains committed to continuing to address the current business environment with its customers.

-Delford M. Smith
Chief Executive Officer,
Evergreen International Aviation, Inc.

 

[Flyer1015]

Why is he denying it?

 

[embpic1]

Yeah, I think I am gonna call BS on that message from management. I think the cat got out of the bag and he is trying to do damage control. Who is gonna put their expenses on their personal cards if they know there are only a few weeks left. This guy is a real slime ball.

 

[Zoneload]

He want to keep going through UPS. The flying is on the plot. He has to get every last nickel out of this place.

 

[Blackbeard]

He want to keep going through UPS. The flying is on the plot. He has to get every last nickel out of this place.

Or the creditors wrest control from him and re organize the company. They are out tens or hundreds of millions with no assets to show for it.

 

[Zoneload]

I heard 120 million to the banks.. We are done. Who wants to work for a place that will tell you we are going to fly two PVG flight a week and the SUU trips we have. Then 20 hours later call everyone back and tell them that we are going to cease operations. Then 2 days later start telling people that we are going to fly till Dec 25th.

 

[Blackbeard]

There is nothing of value for the creditors to sell. Either they write off all the debt or they try to salvage the operation.

There is/are a couple of creditors exploring the options. Not saying it is going to happen. It is not even probable, but improbable. But stranger things have happened.

Wheeler is still lurking in the shadows. I was told that by one of the execs he personally brought over to EZ.

 

[Zoneload]

Nothing left to sell is correct.. Last I heard Wheeler was hunting with one of the sales people.

 

[GG747]

I'm sad to hear the news.

I would not let EIA send me overseas to find my own way home. Hotels will want the money as well that EIA owes. Be interesting checking out after the shut down.

 

[Zoneload]

That is the case now. lots of sitting in the lobby waiting for someone to pay the bill. No more 5 Towns for us.

 

[Whine Lover]

UH, dumb question....What do you mean "waiting in the lobby" ?

Don't you just LEAVE ?

YKW

 

[Fliteidol]

UH, dumb question....What do you mean "waiting in the lobby" ?

Don't you just LEAVE ?

YKW

I guess you like most of us have never read that piece of paper most hotels make you sign before they give you the key

Especially abroad, the guest is responsible for the tab. "But I`m a pilot and my company back in Timbuktoo will pay you next week" will often get you a few extra nights courtesy of the gendarmerie if the bill is not satisfied. It happens:crying: