Did not know where else to put this?

Any word on them lately?

Thanks again

 

What could possibly happen with this airline...

 

Their 747 sits idle in Ypsilanti. Red tail with a gold chicken on it. That kind of says it all.

 

There has been a lot of insider stock buying lately. Any employed crew member on this forum that can comment?

 

Connie sold them the plane(s) ... They do their training in the K4 training center..... how in the hell does anyone think they can make money in the pax business flying 1 or 2 747s to Russia with A or J model engines.... crazy....

 

I know several people who were in FA training almost a year ago.....still on hold. How are they in business for over 20 years but haven't had a revenue flight yet?!

 

Airplane hasnt moved in a year. I know they demonstrated an evac last fall. They actually own two connie birds, one is parts only.

 

You figure w the oil so low they would be more eager to start flying the - 200.

 

I have been told by an unreliable source the following things:

1. They failed the evac due to the slide(s) malfunctioning. May or may not have been repaired by now and evac completed successfully .

2. They need money for proving runs

3. They had to transfer they application FSDO from NYC to YIP. NYC is too busy to issue new certificates at this time.

4. With the current tension between the US and Russia I am sure nobody with the power to make this thing jump forward in the process is very anxious to help.


Take this for what it is worth, just internet gossip. However I think that they are so close to completion that it would be a bit silly to not complete the certificate and then if unable to operate sell the certificate.

With day traders churning the stock price as low as .0066 for the day it might be a god risk to buy a few thousand shares and see what happens. You sure wouldn't lose much

 

Spot on Maxjet! It's close for Baltia so it may or may not ever get off the ground. Office at JFK is nice.