AirNet

T

tiredcfi

Not a child of magenta
There are several other threads on AirNet, but I think we should start a new one now.

The word on the street (tarmac) is that they have entered a receivership (think road to BK) and are slowly winding down operations due to being unable to find a suitable buyer for the company. Anyone else hear/know anything? I certainly hope all of our fellow freight dogs land on their feet as they are all trying to bail now. Discuss.
 
I will have to ask a friend I went through class with who is still there. Last time I talked to him (about 4mo ago) he said they were getting more Lear runs, which made me think they were doing OK.
 
flymike said:
I will have to ask a friend I went through class with who is still there. Last time I talked to him (about 4mo ago) he said they were getting more Lear runs, which made me think they were doing OK.
Click to expand...
Just because a plane is flying doesn't mean it is making money. Some routes can be taken at a loss since a flying plane is typically cheaper than one that just sits on the ramp for weeks at a time.
 
mojo6911 said:
Did Flight Express buy them, or the other way around?
Click to expand...

Neither. Bayside Capital bought Airnet and formed Airnet Holdings as a holding company. Then either Bayside directly or Airnet Holdings bought Flight Express. After running them as "sister companies" for a few years, they decided to merge them. FLX was then merged into Airnet.

When it happened, all that really changed from an operations standpoint was different paperwork and a different chief pilot to call. We were flying the same routes in the same airplanes, because most of them were sub contracts from Airnet to FLX anyway.
 
From what I understand they were purchased by a "121 company flying DC-9s" out of the New York area. According to a higher up I spoke with, they're still hiring pilots too (didn't say when the last class went through).
 
Swedican said:
From what I understand they were purchased by a "121 company flying DC-9s" out of the New York area. According to a higher up I spoke with, they're still hiring pilots too (didn't say when the last class went through).
Click to expand...
When was this?
 
Swedican said:
From what I understand they were purchased by a "121 company flying DC-9s" out of the New York area. According to a higher up I spoke with, they're still hiring pilots too (didn't say when the last class went through).
Click to expand...
That's incorrect.

web265 said:
"AirNet is currently hiring pilots" is prominently displayed on their website http://www.airnet.com/about/flightcrew.aspx

Saw two of their Barons at KCDW yesterday.
Click to expand...
They need pilots because the current ones are leaving left and right.
 
Swedican said:
From what I understand they were purchased by a "121 company flying DC-9s" out of the New York area. According to a higher up I spoke with, they're still hiring pilots too (didn't say when the last class went through).
Click to expand...
I don't know of any New York based operators that fly cargo DC9s. They are for the most part out of YIP.
 
You must log in or register to reply here.

Similar threads

Oxman
Inside the sky-high world of drug-smuggling flight attendants
3 4 5
Replies
81
Views
8K
MikeD
MikeD
MikeD
Jasim Issa Mohammad Hassan
Replies
0
Views
1K
MikeD
MikeD
Space Monkey
The "good" ol' days...
Replies
6
Views
5K
///AMG
///AMG
austinrc
Passed Color Vision OCVT and MFT for 1st Class Medical
Replies
6
Views
3K
austinrc
austinrc
Low&Slow
Fundamentals of Photography
Replies
0
Views
2K
Low&Slow
Low&Slow
Back
Top