Originally Posted by
captfred
SATS Air shut down yesterday.
I was sorry to hear about it over the wire this morning. I feel for any of the pilots who are joining a very large group of job seekers.
From what little I could gather, the concept seemed sound but I don't know if inept management, the economy or both was their undoing.
Mr. Hrdlndg...my friend that used to fly for SATSair out of Charleston told me that some of the pilots had SATSair stock. Were you in that group and did you sell before the company crashed ??
What's a
very used Cirrus SR-22 worth on today's market ?? Nothing in the Orient but maybe I can find a buyer. Send a PM as I'm working out of the country for the next month or so.
Best of luck to the pilot group.
Sayonara Mates
