People can still recover from the fine, shut them down and revoke ANY opportunity to re-start up.
They'll just pass the cost along to their paying passengers. The price for a ticket on a Gulfstream flight will go up now. (waiting...waiting...)
what all 19 of them?
No silly, they are going to raise prices for all 20 of them!
They could get shut down. Remember now the families of all the people that died in those crashes will now line up and sue the crap out of Gulfstream Academy.
I see a bunch of folks jumping ship over there very soon.
Eventually Karma would catch up with these clowns. Attention: if you "graduated" in your little uniform from Gulfstream, the world now knows your license is worth zero. Actually about $25,000.
You guys are running wild with this one. Read the article again. While I don't care much for GA and their practices, the fine issued by the FAA has nothing to do with any connection to GA and those accidents. There's two different stories here morphed into one. The fine was issued strictly for falsification of pilot logs and shady maintenance.
Do I think GA's extremely unorthodox way of training had anything to do with those accidents? Sure. But unfortunately at this point it's all intangible speculation.