RE:Will the real BL please stand upOh boy, you are STILL part of STAR !
‘New management’ indeed: you, same CFO, CEO back from the past of STAR, same ‘Sales team’ that we can see on the AGORA video, from the reading of the financial documents same Engineering…..same old same old. Ah yes, a bandwagon of consultants with on paper brilliant resumes (why did they quit their jobs to come to a company such as STAR?)
Anyway, the proof will be in the pudding. And the next quarter results, coming soon, will show sales levels. Taking into account the estimated burn rate the last money harvest will not last very long now. With the only available, bad, information when one reads the financials how do you want to raise the level of confidence?
And that is the point: Why does not STAR communicate on what they have on hands? What is happening with the two contracts for ADS they have? I am stuck in my reading to one aircraft operating STAR by each of them (hence the low level of recurring revenues). What about the other aircraft in the fleets? What about Bombardier?