The reasons given in the above posted email from gemini are complete bunk. The guys moving the machines are doing what they can, if GAC is losing money now it is clearly the fault of the mgt team in place. All of us in the ACMI business have a portion of the fuel costs absorbed by the customer. to blame shortfalls on fuel clearly is an admission of guilt by management to appropriate funds properly.

Good luck guys,
WG

PS: As a competitor, I hope you folks come through, some of our folks hope for your demise so that we may get your airframes, the vast majority of us do NOT share that feeling. Cheers.