Indy Air (ACA) what is up?

[T-Gates]

>>Dojets = Parked in MYR Delta paying the bills<<

Where are they parked?? I was there today and didnt see any.

They're all on the west side of the airport... There has to be atleast 20 PSA 328's, 2 Great Plains 328Jets, plus all the new ACA 328Jets.... I can't believe you missed em'!

 

[skydrvr]

Don't get your hopes up quite yet

Remember....that's what the business plan calls for. It doesn't mean that it will actually happen. Not to mention before anything happens ..gotta make the money first.

 

[generaltso]

What DOH are furloughs going back to?

 

[neflier]

Furloughs: to start Dec 1. The letters are/have been sent 150+ (6-12 months minimum)
Airbus: FAA approval. Maintenance/software (Maximo) problems.
Financing: Looking for additional financing.
Money left: Around 170-190 million.
Money spent: 40+million more than projected.
Displacements: I believe around 70
Business plan: hopes to have all called back by 2006 with hopes to start hiring off the streets.
website: www.flyi.com

We HAD 190 mil on 10/1/04. During the third quarter, we were burning cash at roughly 1 mil/day. That would leave us with about 150-160 mil today. We have an 80 mil lease payment due on the CRJ's in Jan. You can do the rest of the math.

The 328 program also shut down last week.