Pace Airlines?
. But cash only... no checks.
08-28-2009, 02:44 PM
#84
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
Originally Posted by surfbas
Memo just came down. 3 months into it Pace is sold again. My head hurts
To whom and do you think it's good or bad news? Wish the very best to you all...
Former BoobAir Aviator
08-28-2009, 04:27 PM
#85
Snakes & Nape
Joined APC: Nov 2006
Position: B-767 Captain
Posts: 775
On the Outside Looking In
Originally Posted by hrdlndg
Hey Phantom...what's the latest from your sources...Will the new people be hiring?
I wish I had some reliable sources at Pace. Published reports are saying that Mr. Bill Rogers, who purchased the company three months ago, is willing to sell the company to an undisclosed party. From reading the tea leaves, it's obvious to all that he didn't have a handle on the issues the company was facing, or how to address those issues. He apparently let his ego and lack of business experience get the best of him and in the process, he managed to alienate almost everyone in the employee group.
Hopefully, whoever buys the company will realize the potential of the contracts and business they already have and manage those assets properly.
BTW, by "will the new people be hiring" do you mean the "new people" that are there now or the "new people" that are replacing the "new people"....who I guess will become "the new people" ??? Who's on first ??
Just my two cents...devalued to $ .00001134 on today's close.
G'Luck to all at Pace
08-29-2009, 07:15 PM
#87
Gets Weekends Off
Thread Starter
Joined APC: Jan 2008
Position: erb
Posts: 646
Originally Posted by SupplementalSal
Herman - Suggesting criminal activity by these people when you clearly don't know them, or have direct knowledge of the situation is shameful.
The old CEO is Darrell Richardson. He left a few years back to pursue other interests (a startup that never started) and has been trying to work his way back into Pace for a while now.
I know Charlie, Jim and Russ. They have done nothing of the sort mentioned by Herman. They worked under/with Richardson during his previous tenure.
Richardson sent an email following the management change stating that employees were "dancing in the halls" following the changes. A "happy days are here again" memo. In my opinion, the email was unprofessional and vindictive in nature.
Bickering aside, does anyone know if this company was part of the deal:
Air Transport Group Holdings
Richardson is listed as President under management.
I can't seem to find anyone who knows just who bought Pace.
The old CEO is Darrell Richardson. He left a few years back to pursue other interests (a startup that never started) and has been trying to work his way back into Pace for a while now.
I know Charlie, Jim and Russ. They have done nothing of the sort mentioned by Herman. They worked under/with Richardson during his previous tenure.
Richardson sent an email following the management change stating that employees were "dancing in the halls" following the changes. A "happy days are here again" memo. In my opinion, the email was unprofessional and vindictive in nature.
Bickering aside, does anyone know if this company was part of the deal:
Air Transport Group Holdings
Richardson is listed as President under management.
I can't seem to find anyone who knows just who bought Pace.
08-29-2009, 07:17 PM
#88
Gets Weekends Off
Thread Starter
Joined APC: Jan 2008
Position: erb
Posts: 646
Originally Posted by SkiBum112
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.
08-29-2009, 07:30 PM
#89
Gets Weekends Off
Thread Starter
Joined APC: Jan 2008
Position: erb
Posts: 646
Originally Posted by yoke jerker
the new guy is talking of paying for all health insuanrce premiums. an instant raise of 5000. I'm hearing 80 planes in 5 years...
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