MAS news !
 

Good evening

So who has heard the news about MAS ?

Seemingly, John Matthews has sold out 65% of the company to a hedge fund company and they have also succeeded in funding for three or four CL604 aircraft due delivery in Jan 08.

Good on him I say, John has balls of steel in a few short years moving from PA34 through to the punt on the C550 – always seen as a bit of a profit first, service later; but now with this new funding it looks like things are moving forward and John has made a few quid in the process.

Will be interesting to see how the company succeeds… I’d imagine they’ll have the usual fun and games getting the AOC sorted… like everyone. Prob not quite to the extent of Ocean Sky but then again they MAS have all their ducks in a row already.

I may be wrong, but I don't think John owned 65% of MAS?

Phil

MAS
 

Hello Phil

I heard the info pretty much from the horses mouth, certainly either way 65% of MAS is now being sold off and apparntly the name change will be Bluestream Aviation...

SB

Is that a different Bluestream Aviation to the one based in Singapore with a ropey website?

http://www.bluestream.com.sg/index.html