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Re: Monroe1 post# 60617

Friday, 11/06/2015 10:38:07 AM

Friday, November 06, 2015 10:38:07 AM

Post# of 105601
I'm not sure what they're going to have to do. It seems as though most of the failures have actually been relatively minor in nature. The slides and such are supposed to work PERFECTLY, but what ever goes exactly according to plan? Baltia has stated that they thought the slide was (paraphrasing here) usable still on the last mini. So is it truly a life or death situation with that slide? I'd say probably not. So that's why they can probably continue flying and not be truly worried that things work to 95% expectations, if that makes sense, because the problems that do arise can be quickly rectified in the moment. I'm not saying that's definitely the case, but something that has to be considered. i.e. You get a nail in your tire, you know you can still get home on that tire, but it's certainly not ideal. That's the way I'm looking at it at least. And when those issues that arise truly aren't the fault of Baltia and its' maintenance crew, how can you continue to let them wait?

What bothers me about this all is how much value has been damaged in the company. Let's say all along that mini #3 should have been grounds for a pass. That's months of waiting, plenty of money spent waiting and then taking more minis, potential revenue months lost, more and more PP shares being sold, major plummet of investor confidence, etc. And all of this, as I'm interpreting it, may really be the fault of the FAA? How I just described it to another poster, it feels like the FAA reached into our pockets and burnt up our money.
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