Marmaduke McPug
Active member
- Joined
- Jun 13, 2002
- Posts
- 35
Tyco Flight Department Shut Down
When a Fortune 500 company’s fortunes crash and burn, that almost always means some corporate jets go up for sale and some pilots end up looking for work. Such is the case with Tyco International, which has had its share of negative headlines over the past month. What that means for Tyco’s 22 flight department employees (including 11 pilots) at Pease International Airport in Portsmouth, N.H., is that Tyco’s two Falcon 2000s, Falcon 900, Sikorsky S-76 and Beech Baron are on the block, and they are back on the job market. Chief pilot George Vincent confirmed the bad news. “We have ceased operation, the hangar will be shut down and the aircraft sold,” he told AIN. He is optimistic that his employees will be successful in finding work. “The job market could be a lot worse,” he said, “And I must say, we’ve been treated very fairly by the company on the way out. We have some breathing room.” While he said all the flight department employees are disappointed and saddened by the breakup, he added, “We’ve gotten a flood of calls and e-mails from people in the aviation field offering job leads and any other help they could. I find that gratifying. It tells me we were respected and people know we ran a good operation.”

When a Fortune 500 company’s fortunes crash and burn, that almost always means some corporate jets go up for sale and some pilots end up looking for work. Such is the case with Tyco International, which has had its share of negative headlines over the past month. What that means for Tyco’s 22 flight department employees (including 11 pilots) at Pease International Airport in Portsmouth, N.H., is that Tyco’s two Falcon 2000s, Falcon 900, Sikorsky S-76 and Beech Baron are on the block, and they are back on the job market. Chief pilot George Vincent confirmed the bad news. “We have ceased operation, the hangar will be shut down and the aircraft sold,” he told AIN. He is optimistic that his employees will be successful in finding work. “The job market could be a lot worse,” he said, “And I must say, we’ve been treated very fairly by the company on the way out. We have some breathing room.” While he said all the flight department employees are disappointed and saddened by the breakup, he added, “We’ve gotten a flood of calls and e-mails from people in the aviation field offering job leads and any other help they could. I find that gratifying. It tells me we were respected and people know we ran a good operation.”