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December 6, 2007

What's Really Behind the Record $10 million AMI Fine?

Analysis of: $10 million civil penalty ends TAG, FAA dispute | www.ainonline.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Jim Haynes, FounderJim Haynes
Founder, The Aviation Group
Implications: Every air carrier should be concerned about how run-amok FAA lawyers can turn a $100 million enterprise into worthless paper overnight.

Analysis: On October 4th the FAA first suspended and eight days later revoked AMI Jet Charter’s air carrier certificate. Immediately a shock wave of tsunami proportions was felt in every sector of the general aviation industry. Until AMI Jet Charter was acquired by TAG Aviation USA in 1996, this company was known as Aviation Methods, a highly successful and highly regarded aircraft management company and charter operator.  For a more detail analysis the history of TAG/AMI and why this came to pass read General Aviation Tsunami.


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