NuGuy said:
Heyas YNG,
Looks like your airline has some "issues". Enjoy!
http://www.seacoastonline.com/news/07272005/business/54792.htm
Man, this is too good....
Nu
Pease airline admits false documents
By Michael McCord
[email protected]
PORTSMOUTH - Boston-Maine Airways, which operates flights out of Pease Airport, has admitted that its former legal counsel submitted false financial information documents to a federal agency.
The latest revelations by Boston-Maine, the successor company to Pan Am, came as the company is requesting certification to expand its fleet of Boeing 727 aircraft from three to seven planes. The company now flies out of Portsmouth with the name of
Pan Am Clipper Connection.
In reviewing the airline’s certification request, William Bertram, a U.S. Department of Transportation official, had questioned the conduct of former Boston-Maine Airways general counsel John Nadolny and called for "further investigation" into Boston-Maine’s ethical standards.
Responding to Betram, Boston-Maine said in legal documents filed with the DOT Tuesday that during an internal investigation it discovered Nadolny had falsified investment account and cash balance amounts in documents submitted to the DOT as evidence of the company’s fiscal viability to run an airline.
The company said there was a "substantial discrepancy" in the amounts submitted by Nadolny and bank records at the time. The company did not include the exact dollar amount of the discrepancies in Tuesday’s filing. But the company said its senior management felt "shock and astonishment" about the discrepancies and that an "expanded investigation is now under way" into Nadolny’s actions which the company called a "stunning betrayal."
The company said that Nadolny "acknowledged altering the figures" and "offered no explanation." But Boston-Maine insisted that Nadolny acted alone and that senior management knew nothing about the incidents. The company said it has reported these events to the Massachusetts Bar and "will cooperate with any investigation that might result."
In June, the airline admitted that that Nadolny had forged a surety bond as part of a legal settlement with some of its former pilots. The company said that Nadolny had resigned from his positions with Boston-Maine, Pan Am and other related companies to the parent firm, Guilford Transportation, which is owned mostly by Timothy Mellon, an heir to the Mellon Bank family fortune.
A lawyer with the Airline Pilot’s Association, which is opposing Boston-Maine’s certification, said the latest revelations only confirm ALPA’s contention that Boston-Maine is unfit to run a public-serving airline.
"This is unprecedented and as bad as we thought," said Marcus Migliore, a senior attorney for the Air Line Pilot’s Association, from his office in Washington.
"We don’t believe and don’t find it credible at all that Mr. Nadolny acted alone. That’s not how they (Boston-Maine) work. This does relate directly to their fitness to run an airline," Migliore said.
Telephone messages seeking comment were not returned by Boston-Maine attorneys in Portsmouth and Washington. Attempts to contact Nadolny also were unsuccessful. In previous filings, Boston-Maine has accused the ALPA of personally attacking the airline’s management team and trying to drive it out of business. Boston-Maine said in Tuesday’s filing that soon it will submit "new and verified evidence of its working capital" to the DOT "that will further prove the uninterrupted financial fitness" of the airline.