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KR is making his comeback (From AIN)

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XShipRider

Cynic of Epic Proportions
Joined
Jan 8, 2005
Posts
457
[font=Verdana, Arial, Helvetica, sans-serif]Management Changes at the Top for Two FBO Chains
The top spots at two of the country’s largest FBO chains are changing hands. Mercury Air Centers (16 locations) has confirmed that president John Enticknap has been replaced by Randall Jones; and Signature Flight Support (43 North American locations) has verified that Beth Haskins will step down in September. Signature has not named a replacement for Haskins, who served as the company’s CFO before taking the reins as president in 2000. Mercury Air Group recently sold the Mercury Air Centers chain to investment firm Allied Capital. Kenn Ricci, owner of four Corporate Wings FBOs and founder and former CEO of fractional provider Flight Options, recently completed a deal with Mercury Air Centers that involved shifting control of Corporate Wings to Mercury in exchange for an equity position with the chain. Early this afternoon Jones declined to comment, deferring to Ricci, whom he said would be “available for comment within two weeks.”
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Ricci will make an attempt to re-acquire Flight Options; it's only a matter of time. He'll probably wait until Raytheon is desperate to unload it, and buy it back cheap.
 
Sounds like he just unloaded Corporate Wings on Mercury. He's probably going to retire. He won't be back.
 
No he is the new CEO of Mercury and will be changing the name to Corporate Wings. Already been done in CHS and one other place. Will be happening in PHF too.
 
cjdriver said:
Sounds like he just unloaded Corporate Wings on Mercury. He's probably going to retire. He won't be back.

He recently told an acquaintance of mine that taking Flight Options back was a possibility, if conditions were right. He's definitely thinking about it!
 
wrong, worng , wrong. He has NO interest in buying FLOPS back. I chatted up one of his pilots and long time employees and friend. He claims that this FBO thing is his new venture. He is changing the names to some of the FBO's but wants to change the service image of all the Mercury FBO's to mirrow the service Signature and remodel the building to make them pleasing to pax and crew. His other goal is to spread his wings across the US with people parts planes (organ donor).

Now you heard it straight from the beavers mouth!
 
My source is pretty reliable. He mentioned the possibility during idle conversation about how things were going at FLOPS. It's not on his immediate radar screen, but he didn't rule out the possibilty.
 
leardawg said:
He recently told an acquaintance of mine that taking Flight Options back was a possibility, if conditions were right. He's definitely thinking about it!

one can only hope. raytheon's boys are trashing flops
 
My source also asked K.R. about the rumor he was the "mystery buyer" of several hundred Adam VLJs, or whether he was planning on getting into that business. He responded by talking about the potential of the VLJ concept in general, and then got kind of coy, and said something to the effect of " that's probably all of what I'm willing to let you see behind the curtain", and left it at that. I think his plans are much more ambitious than just running a chain of FBOs. If, how and when FLOPS figures into these plans remains to be seen.
 
waka said:
one can only hope. raytheon's boys are trashing flops

Are you kidding me? It is the ex-airline guys that are trashing the place. I can tell from your avatar you are not very smart anyway.
 
Dep676 said:
Are you kidding me? It is the ex-airline guys that are trashing the place. I can tell from your avatar you are not very smart anyway.

Okay genius, who owns us? Are you actually myopic enough to think that mother Raytheon has no influence?

You can judge my intelligence by my avatar (a pretty dumbarse method to assess one's intellect) all you want. I'll judge your intelligence by what you actually say in your idiotic posts, gunboy:D

You'll shoot your eye out, kid.:D


.
 
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typical conservative lack of depth and substance
 
Yeah they do own the majority. As you read in the e-mail yesterday that the Brantley Company is going to seel more to Raytheon. Maybe they will take more of an interest and kick MS to the curb.


Now unhook that kool-aid drip you have going.
 
Dep676 said:
Yeah they do own the majority. As you read in the e-mail yesterday that the Brantley Company is going to seel more to Raytheon. Maybe they will take more of an interest and kick MS to the curb.


Now unhook that kool-aid drip you have going.

I'm not drinking any of the proverbial "kool-aid" as I am as pro representation/contract as you portray yourself to be, if not more. I've been very active in passing out cards and encouraging folks to send them.

How many folks have you turned away from sending in cards because of your knee jerk reactions? Keep doing your divisive your finger pointing on this and the ASAP board. You're beginning to look like a mgt plant to me.


Quote:
Originally Posted by Dep676
Are you kidding me? It is the ex-airline guys that are trashing the place. I can tell from your avatar you are not very smart anyway.



Okay genius, who owns us? Are you actually myopic enough to think that mother Raytheon has no influence?

You can judge my intelligence by my avatar (a pretty dumbarse method to assess one's intellect) all you want. I'll judge your intelligence by what you actually say in your idiotic posts, gunboy:D

You'll shoot your eye out, kid.:D


.

I was only pointing out how idiotic it is of you to judge one's intelligence by their avatar.
.
 
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