Originally Posted by
Banzai Beagle
The sale of EHI will allow EIA to start growing again,
The funds from the sale of helicopters likely has liens for past and current debt on it, it would be revealing to know how much back debt the company owes, no one has ever said. You also know that there will be some bonuses for the SUITS and nothing for the employees who have worked without pay raises in years.
EIA needs to get a grip on spending, there are some areas where cost can be cut and I will leave it at that.
If the sale isn't done by March 1. probably be looking at further furloughs. Does not appear that the new 400 is going to fly anytime soon, it was suppose to do UPS PEAK,it is still parked in the sand.