Tag Archives | GAC

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Gemini’s letter to employees explaining Chapter 11 filing

Privately-held ACMI operator Gemini Air Cargo has filed for Chapter 11 bankruptcy protection. Here in its entirety is the letter from Gemini’s acting CEO George Gonzalez to employees:   “Today, Gemini filed for protection under Chapter 11 of the US Bankruptcy Code.  Nevertheless, we will continue operating our business as usual.  To fund this process, we […]

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787 tale chasing on the Friday before ISTAT

Speculation that Boeing will once again delay the 787 program reached fever pitch yesterday among Wall Street circles and industry talking-heads. Journalists, bloggers and journa-bloggers alike (anyone understand the difference anymore?) did their duty to firm up the story – calling Boeing, 787 customers and anybody who might be willing to go on-record for a […]

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