Is the stuff written in the post below true? I was looking at some other fractional online boards and saw this about Flight Options- Just when I am getting close, the bad news always rolls in... I heard some stuff about bills not being paid and some FBO's holding Flight Options aircraft for non-payment- Is this a common thing?
COPIED FROM ANOTHER BOARD
A Nervous Employee - Some Honesty Needed from Kenn
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There needs to be some honesty on Kenn's weekly calls-
We all know about the immense money problems we are having. Shares aren't being sold, our vendors are getting very angry, people are cutting us off for non-payment, and our customers are starting to notice- this company is in real trouble.
A sales guy told me that our sales numbers are getting worse every month. This is a bad situation that is getting very scary. How are we going to get an investor to help us out? Kenn needs to stop comparing us to our competitors and start fixing what's broken at home. Be honest, we will understand. We have been through this before.
I want to work for a stable, honest company. Not one that tries to buy pilot's dedication and silence for a lousy $25 gift card. That's just ridiculous. Come on- tell us what's going on. Are we about to go bankrupt? I hear it every day from too many people a lot smarter than me.
I heard today that Kenn has been asking for special deals and favors from vendors that we owe a ton of $ to. How far behind are we? The economy is getting worse - Customers are telling me that they need to fly less and save $$$ themselves. A few have said they want to sell and get out, but can't afford the huge loss due to the bad jet market right now. - There is no way we will be able to afford the Premier 1's next year. How is that going to happen? How can we even afford the Citation X's, not to mention the training and maintenance, etc. Please, let us know.
COPIED FROM ANOTHER BOARD
A Nervous Employee - Some Honesty Needed from Kenn
--------------------------------------------------------------------------------
There needs to be some honesty on Kenn's weekly calls-
We all know about the immense money problems we are having. Shares aren't being sold, our vendors are getting very angry, people are cutting us off for non-payment, and our customers are starting to notice- this company is in real trouble.
A sales guy told me that our sales numbers are getting worse every month. This is a bad situation that is getting very scary. How are we going to get an investor to help us out? Kenn needs to stop comparing us to our competitors and start fixing what's broken at home. Be honest, we will understand. We have been through this before.
I want to work for a stable, honest company. Not one that tries to buy pilot's dedication and silence for a lousy $25 gift card. That's just ridiculous. Come on- tell us what's going on. Are we about to go bankrupt? I hear it every day from too many people a lot smarter than me.
I heard today that Kenn has been asking for special deals and favors from vendors that we owe a ton of $ to. How far behind are we? The economy is getting worse - Customers are telling me that they need to fly less and save $$$ themselves. A few have said they want to sell and get out, but can't afford the huge loss due to the bad jet market right now. - There is no way we will be able to afford the Premier 1's next year. How is that going to happen? How can we even afford the Citation X's, not to mention the training and maintenance, etc. Please, let us know.