flyguy
Well-Known Member
I just heard from my instructor, and although this won't be confirmed until Wednesday, it appears as if things are looking good for Sierra. It is true that we have been sold and that it is a Korean company. They wish to keep the Sierra name and have a lot of money to invest. They will be replacing all of our aircraft as they want nothing older than 10 years. All of the instructors and flight operations staff will remain, but our management will be changing. The Port is giving us until July 31, to rennovate the building, so it is speculated that we may move to another location, because any smart business owner will opt not to spend the 1.5 million that it will cost to make those changes, just to keep the same building. Also, this company owns a Jet center which may mean flow through.
Like I said though, this is all unconfirmed and I have a plan in mind to complete my training if this all turns out to be lies and am speaking to a lawyer about my options should they shut down and run off with the cash. I encourage all Sierra students to do the same.
Like I said though, this is all unconfirmed and I have a plan in mind to complete my training if this all turns out to be lies and am speaking to a lawyer about my options should they shut down and run off with the cash. I encourage all Sierra students to do the same.