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So The Word Out Now Is Gemini Sold?


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Heard that Gemini's 'for sale' deal went Belly Up!!!

 

Good luck with their ASRD bid rate of $2100/hr for their Bell 205-A++

 

 

 

Low yes. Still 1000/ Hour above the lease rate for a 205, and 300,000 per year (6 month) guarentee + side marigin for paying crews and such. 5 Years of guarenteed income to support the 205 alone is worth getting that contract at that rate. Gemini is a top notch operator and if they choose to offload the 205 for a few years to help with cost measures. Good on them. This is not the same thing as a 944/ hr short term contract for a B3 Astar. I would'nt try to make it out as such. I would'nt be hoping for Gemini to go belly up for the sake of watching them go belly up. They have good equipment and behave very professionally.

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Low yes. Still 1000/ Hour above the lease rate for a 205, and 300,000 per year (6 month) guarentee + side marigin for paying crews and such. 5 Years of guarenteed income to support the 205 alone is worth getting that contract at that rate. Gemini is a top notch operator and if they choose to offload the 205 for a few years to help with cost measures. Good on them. This is not the same thing as a 944/ hr short term contract for a B3 Astar. I would'nt try to make it out as such. I would'nt be hoping for Gemini to go belly up for the sake of watching them go belly up. They have good equipment and behave very professionally.

 

 

I couldn't have said it better myself. Good people, good iron and very professional outfit.

 

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its still bulls**t ,any way you look at it , come on the going rate is $3200 /hour and they bid $2100 , come on , maybe 2700 or something close , but then again I guess I never saw the bid results for all the other companies , can someone post em up here, I suppose guardian went $945 for his 205 lol ,

oh by the way anyone hear is he still sitting in the dom repub or where ever ? awaiting to get into haiti lol lol , supposedly spent $250k on getting 3 heli down ther by renting a hurc, no doubt his buddy marchenski set that up for him hook line and sinker ,

 

this industry is becoming a joke , I am glad I dont have to relie on it to live on . it was so very good just 4 years ago , now theres way too much bull and back stabbing , neck cutting , going on ,

you know a guy might just as well go sell used cars , or run for politics as to be in this business anymore and get caught up in the middle ,

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