Hold on tight

[Ludicrous Speed]

Gotta love those LOA's! It's kinda like a whole 'nother scope section. Maybe Scope, Part Deux?

 

[ProFracPilot]

Check out the Directional Capital LOA at the very end of the CBA.

Yes, I've read the LOA. The LOA is between Directional Capital, LLC, the International Brotherhood of Teamsters, and the Pilots in the service of Flight Options.

From today's press release:

"...agreement for the sale of Flexjet's activities to Flexjet, LLC, a newly-created company funded by a group led by Directional Aviation Capital".

Is Directional Aviation Capital the same as Directional Capital LLC as listed in the LOA? Is this just a nuance of names? Or is it a Sec. 1 loophole big enough to fly a Global through?

 

[Humphreybogart]

Flex doesn't have a 135 certificate, but CitationAir has a VERY desirable one that is well structured...hmmm? This isn't over...

 

[Rupert.]

Check out the Directional Capital LOA at the very end of the CBA.

Controlling interest is "more than 50%". Any one know what percent DC has? If its less than 50, the loa is crap, just like the rest of the scope.

 

[gunfyter]

Let me sneak this question into this thread.

What was the maximum pilot strength Options has ever been at? I just told someone it was near 1000. Am I correct?

 

[ProFracPilot]

Let me sneak this question into this thread.

What was the maximum pilot strength Options has ever been at? I just told someone it was near 1000. Am I correct?

You are correct.

I'm looking at a seniority list from May 2004. We were at 1009 pilots.

 

[gunfyter]

Thanks.

Looking at the orders announced it would seem there would need to be hiring to that strength or greater.

My point is I do not think hiring will be easy unless pay goes up because of the expected hiring at Majors and Regionals who i also believe will need to bump up the pay. I saw $5000 signing bonuses mentioned somewhere on the regional board

 

[BlueNose]

Yes, I've read the LOA. The LOA is between Directional Capital, LLC, the International Brotherhood of Teamsters, and the Pilots in the service of Flight Options.

From today's press release:

"...agreement for the sale of Flexjet's activities to Flexjet, LLC, a newly-created company funded by a group led by Directional Aviation Capital".

Is Directional Aviation Capital the same as Directional Capital LLC as listed in the LOA? Is this just a nuance of names? Or is it a Sec. 1 loophole big enough to fly a Global through?

Is Resilience Capital in that MOU?

 

[Aeronca123]

Flex doesn't have a 135 certificate, but CitationAir has a VERY desirable one that is well structured...hmmm? This isn't over...

Keep drinking the cool aid.. It's over

 

[Aeronca123]

Bogart, you might want to ask LearJet driver, aka Smith for a job