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Old 07-14-2018, 12:16 AM
  #601  
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Originally Posted by AKcharger View Post
I think that's something we can all agree on...best wishes for people still there. I hope they make it to a "life boat" the ship is goin down fast!







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Old 07-17-2018, 09:44 AM
  #602  
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Default A life boat?

Saw this on Facebook today. Might be worth checking out just for the drinks and food.

Ravn Alaska
3 Dates · Jul 17 - Jul 26
Pilot and A&P Mechanic Job Fair
The Fancy Moose
Pilot and A&P Mechanic Job Fair!

Stop by for drinks and appetizers and learn about the opportunities available at Ravn!

Tuesday July 17th
Friday July 20th
Thursday July 26th

4:00PM to 8:00PM
The Fancy Moose Lounge at The Lakefront Hotel 4800 Spenard Rd.
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Old 08-16-2018, 09:55 AM
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Heard that the buyout bid is going to be awarded today possibly? Any news?
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Old 08-16-2018, 11:19 AM
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Originally Posted by BluePAX View Post
Heard that the buyout bid is going to be awarded today possibly? Any news?


Not for another month. They named Alaska Air Group as a qualified bidder.
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Old 08-18-2018, 01:16 PM
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Liquidation
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Old 08-18-2018, 01:48 PM
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Originally Posted by Smokedpilot View Post
Liquidation


No? There’s a difference between liquidation and sale of assets.

Sale of assets means the company will be sold while continue operating.

One journalist says liquidation, let me know how that person all of a sudden speaks for the company. Read the court filings before believing an ill informed journalist.
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Old 08-18-2018, 03:40 PM
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Originally Posted by flightview View Post
No? There’s a difference between liquidation and sale of assets.

Sale of assets means the company will be sold while continue operating.

One journalist says liquidation, let me know how that person all of a sudden speaks for the company. Read the court filings before believing an ill informed journalist.


I suppose you are correct....can’t see very many guys staying through a, “ liquidation.”
But who knows...good luck to those still there.
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Old 08-18-2018, 03:47 PM
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Originally Posted by Smokedpilot View Post
I suppose you are correct....can’t see very many guys staying through a, “ liquidation.”

But who knows...good luck to those still there.


...it’s not a liquidation. Reading comprehension fail.

Follow me-
A sale of assets must be completed to the prospective ‘buyer’.
The buyer will create a ‘new’ company with a new name, the company can continue DBA (doing business as) PenAir.

The company can continue to operate without disruption through this process. If you’ve followed the bankruptcy (by your single comment in this thread, I’m guessing you haven’t), it’s been known the money will be ran out by winter, which is the reason for the “rapid sale”. Because the sale will be pushed through before the money runs out, here it is again, the company will be able to continue operation.

By the way, did Kalitta hire you?
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Old 08-18-2018, 04:00 PM
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Originally Posted by flightview View Post
...it’s not a liquidation. Reading comprehension fail

By the way, did Kalitta hire you?
Yes they did. Like I said before hope all goes well for those still there...
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Old 08-18-2018, 04:09 PM
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Originally Posted by Smokedpilot View Post
Yes they did. Like I said before hope all goes well for those still there...


Good, glad to hear that.
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