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Post by Avantair Employee on Jun 26, 2013 8:55:07 GMT -5
I have been sitting back for a while and reading all these posts. I like several other posters work for the company and have worked there for more than 4 years. I can tell you with first hand knowledge that the culture and service first attitude changed drastically last summer when Steve santo was removed from the daily operations and replaced in that role with a new President. The details are attached. www.avantair.com/press-release/avantair-inc.-announces-key-appointments.html I love Avantair and just think the blame is being placed in the wrong area. customer service and focusing on the owner group was always really good before this appointment was made and that could not be said after. just my thoughts.
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flyer
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Post by flyer on Jun 26, 2013 9:17:12 GMT -5
Please enlighten us from an employee standpoint. What is actually going on now and why has this latest stand down continued for so long if, as the company says, it has no basis. Both Wagman and Stucky are no longer with the company and Dave Hazlett, the President, is completely silent.
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Post by jetdrvr2008 on Jun 26, 2013 10:54:59 GMT -5
My concern with your post Avantair Employee is that last year's stand down was around events that took place while Mr. Santo was running the day-to-day operations and the service had started to deteriorate dramatically before this change in leadership. I also have to question so much turnover in such a short time within the ranks of sr. management. It's been my experience that this kind of turnover only happens as people become aware of issues that are questionable and they don't want to be a party to it. I certainly could be wrong, but it does raise concerns.
For the sake of the employees and the remaining customers I hope they can somehow turn this around. Unfortunately I think these last 9 months have caused far too much damage to ever recover from.
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Post by Guest on Jun 26, 2013 13:37:38 GMT -5
I have also been reading and own 1/8 share. I too love Avantair and hope it pulls through. Something is definitely broken - witness the last nine months - and I hope it gets fixed so we can all benefit. I would really hate to see it go away. Here's hoping for some news soon. It's going to be awfully hard to pay that monthly bill without any idea if there is still a service anymore or not.
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Post by onegoodyear on Jun 26, 2013 13:49:14 GMT -5
How could you pay the monthly bill? Would you pay your cable bill if the cable company was not providing service and wouldn't tell you when they were going to turn it back on?
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Post by jetdrvr2008 on Jun 26, 2013 14:30:34 GMT -5
Just got off the phone with an attorney friend who relayed the message. Sounds like bankruptcy.
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Post by ostrich180 on Jun 26, 2013 14:52:37 GMT -5
I just got off the phone with an employee of Avantair and he said that they were notified that they were all laid off and were asked to return all company materials. Additionally, Avantair will not be funding payroll for time worked during the last pay period.
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Post by Completelyscrewed on Jun 26, 2013 15:09:12 GMT -5
I was an Avantair employees and yes we all just got told the doors are shutting and your not getting paid tomorrow. Just so all of you know some of us have been working our tails off to try and get these planes back up.
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Post by Guest on Jun 26, 2013 15:23:31 GMT -5
From a saddened and I guess now so to be former owner, I appreciate all that many '80in the trenches' did to avoid this sad outcome. I really hope everybody lands on their feet without too much hassle. The good work you did won't be forgotten.
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Deleted
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Post by Deleted on Jun 26, 2013 15:28:02 GMT -5
Form 8K posted today for Avantair: Form 8-K for AVANTAIR, INC
26-Jun-2013
Other Events
Item 8.01 Other Events. On June 26, 2013, Avantair, Inc. (the "Company") commenced employee furloughs as the Company addresses liquidity issues and seeks alternative financing arrangements that it hopes will enable it to resume operations as quickly and efficiently as possible. In addition, on June 24, 2013 the Company received notice of service of a class action lawsuit filed by Heisman Square, L.L.C. in Oklahoma County District Court, Oklahoma.
On June 13, 2013, the Company also entered into a Forbearance Agreement with Midsouth Services, Inc. and Clear Aircraft, Inc. ("Lessor") related to past due lease payments for certain core fleet aircraft leased to the Company by the Lessor. On June 18, 2013 and June 25, 2013, the Company was notified by the Lessor that it was in breach of the terms of the Forbearance Agreement and the Lessor has been exercising and will continue to exercise all rights and remedies available under the Forbearance Agreement and applicable law, including taking possession of its leased aircraft and aircraft engines.
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Post by jetdrvr2008 on Jun 26, 2013 15:30:18 GMT -5
It was never the day-to-day employees who poured their heart and souls into their jobs, believing in the meaning of service first. This was the fault of management; unethical people with no regard for anyone but themselves. To the employees, you have my sincere hope that you'll find something soon that you can not only feed your families with, but feel passionately about as well. Thanks for serving us all as you did.
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wpc
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Post by wpc on Jun 26, 2013 16:12:53 GMT -5
Sad ending.
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merc
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Post by merc on Jun 26, 2013 17:49:14 GMT -5
I suggest you owners track down who owns which tail number, locate the aircraft and determine it's airworthy status. Get the log books, manuals, etc and relocate these aircraft to a secured location. Plenty of pilots available for ferry service.
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Post by QEP on Jun 26, 2013 17:53:50 GMT -5
Good luck with a repo since the contracts appoint all management functions to AAIR.
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Post by onegoodyear on Jun 26, 2013 19:34:42 GMT -5
AAIR has breached all contracts over the past 9 months.
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