SKW Inc and Air Mekong

[777forever]

To add to the craziness in the Inc family, Skywest has pulled their investment in Air Mekong last night. Airline now under complete control of Vietnamese investors who reduced the fleet by one, cancelled all new hires scheduled to come over in addition to sending 10 pilots back to ASA.

Seems to me like the folks over in St. George are starting to panick

 

[centralpilot]

Lovely...

 

[damnflyboy]

To add to the craziness in the Inc family, Skywest has pulled their investment in Air Mekong last night. Airline now under complete control of Vietnamese investors who reduced the fleet by one, cancelled all new hires scheduled to come over in addition to sending 10 pilots back to ASA.

Seems to me like the folks over in St. George are starting to panic

What are they up to? Why are they freeing up the cash or is AM just losing tons of money? Hmmm...

 

[bob_sakamano]

Sounds like the US regional airline model isn't the answer at air Me Me Mekong and undercutting expats didn't have the magical effect once thought by your genius management.

HanoiHilton: what good will your "clever" ID be when they send you packing? Maybe you can network with all of your new expat friends or go on speaking engagement tour of VFW posts across the US. I, for one, would be glad to fwd your resume to the proper place.

 

[Metro752]

Did they send any chick pilots over? Me love you looong time?

 

[OCP]

To add to the craziness in the Inc family, Skywest has pulled their investment in Air Mekong last night. Airline now under complete control of Vietnamese investors who reduced the fleet by one, cancelled all new hires scheduled to come over in addition to sending 10 pilots back to ASA.

Seems to me like the folks over in St. George are starting to panick

Source?

 

[zawillif]

This doesn't sound like what OP was talking about.

http://www.saigon-gpdaily.com.vn/Travel/2011/8/95664/

 

[Flybywire44]

This doesn't sound like what OP was talking about.

http://www.saigon-gpdaily.com.vn/Travel/2011/8/95664/

Good.

 

[BIGGOAT]

Skywest has not "pulled" their investment, rather, they are not investing more money for the time being. There will still be 4 aircraft on property but AM will use one mostly as a spare thus the need to reduce the pilot count. The Vietnamese will have no control over flight ops, it will remain under the control of Skywest.

Goat