Pace Airlines?
07-01-2009 | 02:36 PM
#51
Gets Weekends Off
Joined: Dec 2007
Posts: 239
Likes: 0
From: A-320
Someone else can post it. I'm not sure what this new management would consider sensitive company information. I came from a company that would lurk on these forums looking for slander (or just general bad mouthing by the pilot group) then go after the pilot and the forum for it. So forgive me if I'm a little hesitant. Suffice it to say we are getting paid friday according to HR.
07-01-2009 | 02:51 PM
#52
Line Holder
Joined: Oct 2008
Posts: 99
Likes: 0
They said payroll was getting processed Friday. Does that mean the money will be in our accounts Friday morning, or are they wiring the money on Friday and we should expect it to hit our banks on Monday after the holiday weekend?
07-02-2009 | 11:24 AM
#54
Gets Weekends Off
Joined: Feb 2006
Posts: 6,203
Likes: 48
From: B-737NG preferably in first class with a glass of champagne and caviar
Pace needs to have a descent credit rating too.
07-02-2009 | 01:40 PM
#56
A moment please...
Joined: Sep 2007
Posts: 769
Likes: 0
From: Just passin' thru
07-02-2009 | 01:57 PM
#57
Gets Weekends Off
Joined: Dec 2007
Posts: 239
Likes: 0
From: A-320
No. I'm told by one of his friends that he has brought in enough money on his own to operate the airline and open lines of credit through his connections. The guy I talked to said he had worked on wall street for a major trying to find credit through the hedge funds and such, and he was glad he didn't have to do that any more. The new owner said he has no intentions of ever going public.
08-02-2009 | 03:20 PM
#58
Snakes & Nape
Joined: Nov 2006
Posts: 775
Likes: 0
From: B-767 Captain
Point of Order
Actually, it seems from industry sources, that Pace employees actually do work for free. Employees have told me that management has been late on at least three straight hourly employee pay periods(mechanics and office staff) and that salaried employees have been late getting their pay two straight pay periods. Doesn't speak well for a new "well financed" management team.
In DOT filings, the company name was changed to Allstar as it seems (company employees opinion) the "Pace" name had a lot of derogatory implications. To this outsider, it doesn't sound like Allstar is off to a very good start if they can't meet payroll.
Hmmmmm
G'Luck Allstar employees
In DOT filings, the company name was changed to Allstar as it seems (company employees opinion) the "Pace" name had a lot of derogatory implications. To this outsider, it doesn't sound like Allstar is off to a very good start if they can't meet payroll.
Hmmmmm
G'Luck Allstar employees
08-02-2009 | 06:14 PM
#59
AAmerican Way for AA Pay
Joined: Oct 2005
Posts: 1,617
Likes: 0
From: B-737 Pilot
Just kidding...Allstar sounds good if they're going after sports charters.
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