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Old 08-22-2009, 12:54 AM   1 links from elsewhere to this Post. Click to view. #71 (permalink)
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Pace employees have told me that August is their slow month but things pick up as they get closer to September with more seasonal customers returning.

If Pace can't make payroll now with their operation in Atlantic City picking up (two aircraft flying almost 5 days a week), their operation in San Juan set to begin plus the existing sports charters, I figure that they may have a few weeks until the cash completely runs out.

Too bad...it had potential

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Watch out… Miami Air is the circling shark waiting to consume its prey. Their scent for lack of money in Pace’s coffers is like blood in the water to them. They have a very strong sales department, and know how to persuade both current and prospective clients. Besides DOD flying, Miami Air is big on sports and corporate incentive charters. They do put out a good product too.
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Old 08-22-2009, 08:15 AM   #72 (permalink)
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Plus, Miami Air is extra-eager since the "Jet America" thing fell through...
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Old 08-22-2009, 02:22 PM   #73 (permalink)
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Watch out… Miami Air is the circling shark waiting to consume its prey. Their scent for lack of money in Pace’s coffers is like blood in the water to them. They have a very strong sales department, and know how to persuade both current and prospective clients. Besides DOD flying, Miami Air is big on sports and corporate incentive charters. They do put out a good product too.
Just reading the tea leaves gives me an idea of what I think Mr. Rogers has planned (just my opinion); however, he has not shown very much "savvy" as of this point, his apparent lack of understanding of the supplemental business is becoming all too obvious and his integrity with the employee group at Pace is near rock bottom. Frankly, I give them until mid-September at the rate they're going.

I wouldn't be surprise to see the sharks at Miami Air scarf up what's left of Pace's business.

Just my two cents.....

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Old 08-22-2009, 05:46 PM   #74 (permalink)
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I wouldn't be surprise to see the sharks at Miami Air scarf up what's left of Pace's business.
With college football flying increasing, Pace can say "Rah Rah Sis Cum bye".
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Old 08-23-2009, 10:56 AM   #75 (permalink)
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someone should publish that e-mail. this is "Airline Pilot Central". my guess is that alot of your brothers out there would like to see (read for themselves) how pace airlines 737 crews are being treated today.
THE BANKS CLOSE MONDAY AUG 24 1900Z. WHAT WILL YOU DO?
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Old 08-25-2009, 10:12 AM   #76 (permalink)
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Pace Airlines Pilots received pay checks yesterday. Congratulations!
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Old 08-25-2009, 05:03 PM   #77 (permalink)
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But did they clear the bank?
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Old 08-25-2009, 07:14 PM   #78 (permalink)
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Pace Airlines Pilots received pay checks yesterday. Congratulations!
The rumor on the street (unconfirmed) is that a major carrier who Pace has been doing some B-737 "C" Checks for along with a regular stream of avionics conversions (Live TV installations) has told Pace that they are going to stop those conversions and all work by Pace until the pay situation is resolved. Obviously, there is concern that it's not in their best interest for disgruntled Pace mechanics to be working on their aircraft.

Now those in the know, and I'm not one of them....I just read tea leaves, use the analogy that Mr. Rogers wants to cut costs so he has cut off the electrical power to the generators that were running the bilge pumps....pumping water out of a ship that has been taking on a great deal of it as of late. Hmmmm.

Sounds like someone doesn't have a handle on the problem.

Just my two cents worth.....

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Old 08-28-2009, 10:00 AM   #79 (permalink)
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Any good rumors on the current situation?
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Old 08-28-2009, 10:38 AM   #80 (permalink)
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Pace's money situation sounds similar to the last charter company I flew for. They were trying to lure potential fools who were willing to part with their $$$$. They could not afford to have their copy machine repaired so they were making copies of their prospectus by using their fax machine. Ahhh you ask what about Kinkos or alike... well you guessed it... their credit was cut off for hmmm

Good luck to all crews at Pace.
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Posted By For Type Date
pace airlines | BoardReader This thread Refback 09-06-2009 05:13 PM
Pace payroll | BoardReader This thread Refback 08-24-2009 04:45 PM
Upstart on Airline Pilot Central Forums | BoardReader This thread Refback 07-25-2009 07:57 AM

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