Gulfstream is Bankrupt

[capt1900]

http://www.globenewswire.com/newsroom/news.html?ref=rss&d=206087

 

[Flyer1015]

That's what happens when you lose the revenue out of the right seat in the cockpit.

 

[CA1900]

Excellent! Let's hope they move to Chapter 7 quickly, and remove this cancer on the industry.

 

[IBNAV8R]

There will be another one festering soon at an airport near you.

 

[A-V-8]

Not so fast!

"This restructuring with the new capital investment by Victory Park means that Gulfstream will be much stronger than today."

 

[Gr82Aviate]

Not so fast!

"This restructuring with the new capital investment by Victory Park means that Gulfstream will be much stronger than today."

Does this mean they'll be able to charge their first officers less??

 

[ePilot22]

Not so fast!

"This restructuring with the new capital investment by Victory Park means that Gulfstream will be much stronger than today."

Victory Park is a subsidiary of PCL_128.




eP.

 

[CX880]

How could this happen? Isn't they're revenue guaranteed by the gov as well as pay for a seat FOs?

Who will buy Gulfstream?

 

[Question4U]

I hope they don't go away I was hoping to pay $20,000 to sit in the right seat, so someday I can get a job making $20,000 in a Jet. Seems like a good investment.

 

[CA1900]

$20,000? Try $32,699! These people truly have no shame.