Ameriflight sold

jtrain609 · February 27th, 2007, 20:33

Not a freaking clue what this means for us. There's kool aid being served (obviously), but who's to say how this will work out...

Quote:

ATI's subsidiary, Ameriflight Inc., the largest independent U.S. air cargo airline, under part 135, with a fleet of 179 aircraft serving over 200 cities throughout Canada, the U.S., Mexico and the Caribbean, will be sold to a management led group while the fleet of 179 aircraft will be retained by ATI. The company will become the principal lessor of aircraft to Ameriflight which will continue to provide time sensitive air delivery services in North America and the Caribbean.

http://www.marketwire.com/mw/release...ease_id=219805

DE727UPS · February 27th, 2007, 20:52

Wow. Had no idea Amflight was part of a huge company.

I'd guess, business as usual. Otherwise, I'd have no problem flying a 757 GEG-RLD-ALW-PDT-PSC-PUW-YKM-EAT-BFI. Heck, if we broke in EAT I could say hi to my dad.

Seggy · February 27th, 2007, 20:53

John, we should start a club called...

"When you have more questions than answers..."

amorris311 · February 27th, 2007, 20:54

every airline pilot would be in it.

falconvalley · February 27th, 2007, 20:58

I didn't know Ameriflight was for sale!

amorris311 · February 27th, 2007, 20:59

you ever see indecent proposal? r. redford says everything is for sale. that statement is so true.

jtrain609 · February 27th, 2007, 21:10

We were not for sale, we were spun off.

amorris311 · February 27th, 2007, 21:28

how does it feel to be used and abused john?

Sprint100 · February 27th, 2007, 21:29

Damn, wake up, open the paper, and you've been traded

wheelsup · February 27th, 2007, 22:28

You just got synergized...

Quote:

- Leverage significant operational synergies.

Quote:

The Company estimates that cost synergies alone will total US$ 7 m

Quote:

In order to capture synergies from the combination as soon as possible

Quote:

n addition, significant further cost synergies are expected to be realized

This looks to be a good thing though. The acquiring company looks to be wanting to grow the company.

jtrain609 · February 27th, 2007, 22:34

There is no aquiring company, our president owns Amflight now.

mikecweb · February 27th, 2007, 23:30

A side note one of your metro boys picked up our stuff in St. Louis after one of lears broke down. Those things are sweet.

Doug Taylor · February 27th, 2007, 23:50

Quote:

Originally Posted by jtrain609

There is no aquiring company, our president owns Amflight now.

Call me "pollyanna" if you want, but I think it's a good thing.

Chances are, your president knows what the hell he's doing, considering Amflights, growth, stability and sensible expansion in the cargo field.

I don't get the impression that he's a passenger airline CEO with the OMG! OMG! Lower rates means more airplanes! Git yer raises thru upgrades! OMG! OMG!

wheelsup · February 28th, 2007, 00:03

Quote:

Originally Posted by jtrain609

There is no aquiring company, our president owns Amflight now.

So this press release was about your company getting sold, to, wait for it, your company? I don't get it - that press release was too long for someone with ADD. Could you draw me a diagram of what happened? cause I'm lost.

wheelsup · February 28th, 2007, 00:04

Quote:

Originally Posted by jtrain609

There is no aquiring company, our president owns Amflight now.

So this press release was about your company getting sold, to, wait for it, your company? I don't get it - that press release was too long and had too many mentionings of the word "synergy" for someone with ADD. Could you draw me a diagram of what happened? cause I'm lost.

Doug Taylor · February 28th, 2007, 00:25

What what?

staplegun · February 28th, 2007, 00:46

Quote:

Originally Posted by Doug Taylor

What what?

He did tell you to "wait for it!"

;^)

Kevin

FlyChicaga · February 28th, 2007, 00:49

Quote:

Originally Posted by Doug Taylor

What what?

You said what first?

jtrain609 · February 28th, 2007, 00:50

Check it.

Gary Richards, our president, founded Amflight (which was called something else back in the day, California Air Charter or something like that?) in 1968 flying an Aero Commander around I believe.

In 1971 he sold the company to ATI, but continued to run the company, but for as long as anybody has known Ameriflight, it's been a subsidary of ATI Systems International (the armored car guys, not the other freight company).

Fast forward to February 25th, 2007 - A Canadian company buys ATI Systems International and we're forced to be spun off because a foreign company can't own a United States based airline.

So it was probably either that Amflight was liquidated or Gary Richards bought us back. Even though Gary Richards has run the company the entire time we've been in business, from 1971 to 2007 ATI Systems International owned Amflight.

Now Gary Richards is the owner of Amerflight, in addition to running the company. Some people are saying this will allow more flexibility in what we can do here at Amflight because we don't have to get everything OKed by ATI, but at the same time it makes us a MUCH smaller company. Even though we're largest part 135 company in the country with something like 200 aircraft, our corporate footprint if you will is much smaller now.

There are other rumors flying around about whether this is good or bad, which I'm not going to comment on beacuse I don't have a clue. I know that historically, when a company changes hands the pilots generally get screwed, but that doesn't have to happen here. Gary Richards IS one hell of a smart guy, so we'll see where he takes us now that he doesn't have anybody telling him what to do.

FlyChicaga · February 28th, 2007, 00:54

Quote:

Originally Posted by jtrain609

Check it.

You started it like that, so I read the rest like this:

jtrain609 · February 28th, 2007, 00:56

I'm glad you caught that, 'cause that's exactly how I wrote it.

Great minds and ####

Doug Taylor · February 28th, 2007, 00:59

Quote:

Originally Posted by FlyChicaga

You started it like that, so I read the rest like this:

(off topic)

I just recently learned that he played "Frenchie" in "Talladega Nights"

amorris311 · February 28th, 2007, 01:00

you are showing your age.

Doug Taylor · February 28th, 2007, 01:02

Quote:

Originally Posted by amorris311

you are showing your age.

At least I dont' play with pogs, Mr. Morris!

But on topic, I think Amflight is going to be just fine as well are the pilots.

FlyChicaga · February 28th, 2007, 01:08

Quote:

Originally Posted by Doug Taylor

(off topic)

I just recently learned that he played "Frenchie" in "Talladega Nights"

Did you also know that Borat was not really a documentary made for Kazakhstan?

February 27th, 2007, 20:52	#2
DE727UPS Old Skool Join Date: Nov 2000 Location: Spokane, WA Posts: 6,577	Re: Ameriflight sold Wow. Had no idea Amflight was part of a huge company. I'd guess, business as usual. Otherwise, I'd have no problem flying a 757 GEG-RLD-ALW-PDT-PSC-PUW-YKM-EAT-BFI. Heck, if we broke in EAT I could say hi to my dad. __________________ Click here to see how I became a UPS pilot http://www.jetcareers.com/content/view/65/132/

February 27th, 2007, 20:53	#3
Seggy Old Skool Join Date: Jan 2004 Location: Austin, TX Posts: 5,498	Re: Ameriflight sold John, we should start a club called... "When you have more questions than answers..."

February 27th, 2007, 20:54	#4
amorris311 Old Skool Join Date: Feb 2006 Location: Los Angeles soon to be phx Posts: 2,628	Re: Ameriflight sold every airline pilot would be in it.

February 27th, 2007, 20:58	#5
falconvalley Old Skool Join Date: Jan 2006 Location: KMKE Posts: 2,024	Re: Ameriflight sold I didn't know Ameriflight was for sale! __________________ British Airways flight asks for push back clearance from terminal. Control Tower replies: "And where is the world's most experienced airline going today without filing a flight plan?"

February 27th, 2007, 20:59	#6
amorris311 Old Skool Join Date: Feb 2006 Location: Los Angeles soon to be phx Posts: 2,628	Re: Ameriflight sold you ever see indecent proposal? r. redford says everything is for sale. that statement is so true.

February 27th, 2007, 21:10	#7
jtrain609 Old Skool Join Date: Feb 2002 Location: Park City, UT Posts: 12,869	Re: Ameriflight sold We were not for sale, we were spun off. __________________ "Jetlink 2940, on another radio, contact clearance for new airways..."

February 27th, 2007, 21:28	#8
amorris311 Old Skool Join Date: Feb 2006 Location: Los Angeles soon to be phx Posts: 2,628	Re: Ameriflight sold how does it feel to be used and abused john?

February 27th, 2007, 21:29	#9
Sprint100 Old Skool Join Date: Jan 2003 Location: In my Cozy garage Posts: 6,271	Re: Ameriflight sold Damn, wake up, open the paper, and you've been traded __________________ Excellence is not a single act, but a habit. "I have learned over the years that when one's mind is made up, that diminshes fear" - Rosa Parks

February 27th, 2007, 22:34	#11
jtrain609 Old Skool Join Date: Feb 2002 Location: Park City, UT Posts: 12,869	Re: Ameriflight sold There is no aquiring company, our president owns Amflight now. __________________ "Jetlink 2940, on another radio, contact clearance for new airways..."

February 27th, 2007, 23:30	#12
mikecweb Old Skool Join Date: Oct 2005 Location: Plano, TX Posts: 2,952	Re: Ameriflight sold A side note one of your metro boys picked up our stuff in St. Louis after one of lears broke down. Those things are sweet. __________________

February 28th, 2007, 00:25	#16
Doug Taylor Agent Smith Join Date: Dec 1969 Location: KSDL Posts: 41,926 Blog Entries: 1	Re: Ameriflight sold What what? __________________ Doug Taylor http://76school.flyblog.com (old!) http://30west.flyblog.com (updated 11/28)

February 28th, 2007, 00:50	#19
jtrain609 Old Skool Join Date: Feb 2002 Location: Park City, UT Posts: 12,869	Re: Ameriflight sold Check it. Gary Richards, our president, founded Amflight (which was called something else back in the day, California Air Charter or something like that?) in 1968 flying an Aero Commander around I believe. In 1971 he sold the company to ATI, but continued to run the company, but for as long as anybody has known Ameriflight, it's been a subsidary of ATI Systems International (the armored car guys, not the other freight company). Fast forward to February 25th, 2007 - A Canadian company buys ATI Systems International and we're forced to be spun off because a foreign company can't own a United States based airline. So it was probably either that Amflight was liquidated or Gary Richards bought us back. Even though Gary Richards has run the company the entire time we've been in business, from 1971 to 2007 ATI Systems International owned Amflight. Now Gary Richards is the owner of Amerflight, in addition to running the company. Some people are saying this will allow more flexibility in what we can do here at Amflight because we don't have to get everything OKed by ATI, but at the same time it makes us a MUCH smaller company. Even though we're largest part 135 company in the country with something like 200 aircraft, our corporate footprint if you will is much smaller now. There are other rumors flying around about whether this is good or bad, which I'm not going to comment on beacuse I don't have a clue. I know that historically, when a company changes hands the pilots generally get screwed, but that doesn't have to happen here. Gary Richards IS one hell of a smart guy, so we'll see where he takes us now that he doesn't have anybody telling him what to do. __________________ "Jetlink 2940, on another radio, contact clearance for new airways..."

February 28th, 2007, 00:56	#21
jtrain609 Old Skool Join Date: Feb 2002 Location: Park City, UT Posts: 12,869	Re: Ameriflight sold I'm glad you caught that, 'cause that's exactly how I wrote it. Great minds and #### __________________ "Jetlink 2940, on another radio, contact clearance for new airways..."

February 28th, 2007, 01:00	#23
amorris311 Old Skool Join Date: Feb 2006 Location: Los Angeles soon to be phx Posts: 2,628	Re: Ameriflight sold you are showing your age.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode