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.

 

[Question4U]

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

It is amazing people can be so dumb to spend that kind of money to be a passanger. Why not just build your time the old fashioned way rather than buying it. These are the morons complain about the pay at regionals.

 

[atlcrashpad]

It is amazing people can be so dumb to spend that kind of money to be a passanger. Why not just build your time the old fashioned way rather than buying it. These are the morons complain about the pay at regionals.

Yo, U mean likes this....
http://www.parker51.com/welcome.html

 

[Uncle Bunkle]

Come on guys, how about a Gulfstream Academy Hall of Fame? Oh, okay, nevermind, a Hall of Shame is more like it:
Pinnacle FL410 pilots: Gulfstream grads
Comair LEX F.O.: Gulfstream grad
Colgan BUF CA: Gulfstream grad

 

[CX880]

Come on guys, how about a Gulfstream Academy Hall of Fame? Oh, okay, nevermind, a Hall of Shame is more like it:
Pinnacle FL410 pilots: Gulfstream grads
Comair LEX F.O.: Gulfstream grad
Colgan BUF CA: Gulfstream grad

And it's strange too because Gulfstream doesn't make new pilots, its presumed they already have the knowledge and skill before they pay for the job. How is it that all these pilots were involved in fatal crashes to be at fault? Just a coincidence?

 

[Lynxman]

And it's strange too because Gulfstream doesn't make new pilots, its presumed they already have the knowledge and skill before they pay for the job. How is it that all these pilots were involved in fatal crashes to be at fault? Just a coincidence?

They only people I see that went to Gulfstream were fast track hero's from schools like ATP. Does that explain more?