Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Flight Schools and Training (https://www.airlinepilotforums.com/flight-schools-training/)
-   -   Another closure (https://www.airlinepilotforums.com/flight-schools-training/44114-another-closure.html)

atpwannabe 09-20-2009 06:29 PM

Another closure
 
AeronautX Flight Training, LLC located at North County General Aviation Airport (F45) in Palm Beach County, FL has closed. Here is a copy of the email that I got today.

Dear Friends of AeronautX Flight Training, LLC

We regret to inform you that mid day Friday we were given instructions by the owners of AeronautX Flight Training, LLC to shut down all operations on September 11, 2009. This of course would include India.

Quote: "Close the doors today and inform accordingly and direct any information requests from students, creditors etc. to Mr. Sheridin's office."

Mr Drew Sheridan is a attorney in Miami Florida and can be reached at 305-596-3368
Address: 7765 SW 87th Avenue, Suite 102, Miami FL 33173-2535


The doors were locked and the appropriate signage was posted on all entrances. Also the employees were notified at the close of the business day on 9/11/09

It is our understanding that AeronautX Flight Training, LLC is in the process of filing for protection under chapter seven of the United States of America Federal Bankrupsy Laws.

Best regards,

The Management


It's unfortuate that another school has closed. I believe that this one closed for lack of students and not because of any underhanded shananigans going on. I had once considered on attending this training facility.



atp

TPROP4ever 09-20-2009 10:28 PM

no real suprise, aviation is in uncharted territory right now for sure....

many more to come, I fear

ryan1234 09-21-2009 06:48 AM

Hopefully this and many others are a warning not to pay a large sum of money upfront for flight training.

JayDee 09-21-2009 01:31 PM

I almost paid 120k plus for atp... I am so glad I didn't.

Also, in this unstable economy, my job still has good security...

wrxpilot 09-21-2009 01:38 PM


Originally Posted by atpwannabe (Post 681604)
It's unfortuate that another school has closed. I believe that this one closed for lack of students and not because of any underhanded shananigans going on. I had once considered on attending this training facility.

atp

Rumor has it that there are some students that lost A LOT of money when these guys closed up last week.

ryan1234 09-21-2009 08:42 PM


Originally Posted by JayDee (Post 681986)
I almost paid 120k plus for atp... I am so glad I didn't.

Also, in this unstable economy, my job still has good security...

I know I've heard your signature quote before... but I can't for the life of me remember where it came from.... I wanna say it was from 'Thank you for smoking' but I'm not sure.

atpwannabe 09-22-2009 05:48 AM


Originally Posted by wrxpilot (Post 681987)
Rumor has it that there are some students that lost A LOT of money when these guys closed up last week.

wrx:

Probably is true. I visited the school a few times just to check things out. Never really saw students "buzzing" around the briefing rooms like I've seen at other schools. Besides they were expensive as hell.



atp

CTPILOT 09-22-2009 11:27 AM

Yeah I called them mid August to see if they were hiring, and got a interesting response from the them. Best of luck to the instructors

1999atp 09-25-2010 02:24 PM

Do not put all your eggs into one basket
 
ref wrxpilot, yes, I was one of the unfortunate instructors working at the flight school. I had a student who invested a 5 figure sum of money after transferring to this school. Both students and instructors were " blind sided"

rickair7777 09-25-2010 02:43 PM


Originally Posted by JayDee (Post 681986)
I almost paid 120k plus for atp... I am so glad I didn't.

Also, in this unstable economy, my job still has good security...

Good God! $120K to ATP? What was that going to buy you... an ATP with 1000 hours TPIC and a PhD in "Aviation Management"?

I'm glad you didn't too.


All times are GMT -8. The time now is 04:17 AM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands