Independence Air Finance CFO Resigns

 
Old Oct 7, 05, 9:12 am
  #1  
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Independence Air Finance CFO Resigns

DULLES, Va. (AP) -- FLYi Inc., parent company of discount carrier Independence Air, said Friday its chief financial officer is stepping down to pursue other opportunies and will be replaced by the company's controller, David Asai.

The airline company said current Chief Financial Officer Richard Surratt will stay on through Oct. 28, to help with the transition.

Asai joined Independence Air in 1998 and has been vice president, controller and assistant secretary since then. Before that, he was the accounting chief at Reno Air Inc.

Shares of the company closed unchanged Thursday at 25 cents on the Nasdaq.
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Old Oct 7, 05, 10:01 am
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Rat. Ship. Do the math.
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Old Oct 7, 05, 11:47 am
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Originally Posted by BearX220
Rat. Ship. Do the math.
Get to the point and stop beating around the bush.
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Old Oct 9, 05, 8:53 pm
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CFO changes when a company is in obvious financial difficulty is usually an early sign for a bankruptcy filing. Many times the change is to bring in a CFO that's a turnaround specialist.
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Old Oct 9, 05, 8:54 pm
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Originally Posted by SealBeach
Get to the point and stop beating around the bush.
Just use your noodles...
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