May 1, 2014
Pursuant to the board meeting, held Monday 28th April, 2014 - effective Thursday 1st May, 2014
Lease and insurance costs are making it very difficult to show a decent net profit on monthly revenue, the board of QuikAire has decided to downsize the company.
As at May 1st, 2014:
1. Leased A321 will be purchased outright
2. Leased #2 C-130 will be returned to the leasing company
3. Leased #2 BT-67 will be returned to the leasing company
Sadly this economy required the termination of two of our high-time pilots. The board would like to thank Hollie Adams and John