Thread: Avantair
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Old 09-21-2010 | 08:40 AM
  #207  
BeenThereDoneIt
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The AAIR K-1 report (annual financial report) is due on the 29th. Hoepfully these guys will continue their upward stride and show a profit this year as predicted. Last year they had reduced their losses to 4.5 million, a great improvement over the previous years. The only concern I have is that Bloomberg rates them very risky (worst in the Frac industry) because they are capitalised with too much debt and not enough equity.
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