Pace Airlines? - Page 9 - Airline Pilot Central Forums

#81

surfbas , 08-28-2009 09:54 AM

On Reserve

Pace sold again

Memo just came down. 3 months into it Pace is sold again. My head hurts

#82

captjns , 08-28-2009 11:22 AM

Gets Weekends Off

Hey... maybe the new owners want to buy my old 8 track cassette player with a quadrophonic sound system

. But cash only... no checks.

#83

hrdlndg , 08-28-2009 12:48 PM

Line Holder

Hey Phantom...what's the latest from your sources...Will the new people be hiring?

#84

⌐ AV8OR WANNABE , 08-28-2009 02:44 PM

Gets Weekends Off

Quote:

Originally Posted by surfbas

Memo just came down. 3 months into it Pace is sold again. My head hurts

Are you saying the "new" owner who recently wanted to grow the airline has just sold it?

To whom and do you think it's good or bad news? Wish the very best to you all...

Former BoobAir Aviator

#85

Phantom Flyer , 08-28-2009 04:27 PM

Snakes & Nape

On the Outside Looking In

Quote:

Originally Posted by hrdlndg

Hey Phantom...what's the latest from your sources...Will the new people be hiring?

Mr. Hrdlndg:

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

#86

Herman , 08-29-2009 07:11 PM

Gets Weekends Off

Quote:

Originally Posted by Thedude

Why is this in the upstart section?

because you are "the dude".

#87

Herman , 08-29-2009 07:15 PM

Gets Weekends Off

Quote:

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.

because you are not "the dude".

#88

Herman , 08-29-2009 07:17 PM

Gets Weekends Off

Quote:

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.

because you should aspire to be "the dude".

#89

Herman , 08-29-2009 07:30 PM

Gets Weekends Off

Quote:

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...

because economics 101 isn't good enough...

#90

Herman , 08-29-2009 07:43 PM

Gets Weekends Off

Because our fellow Pilots at Amerijet had the COURAGE to go on strike this week and you punks think "jobvent. com" is going to make it all better. Go with God...and good luck!